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SB44 Alabama 2014 Session

Updated Jul 24, 2021
SB44 Alabama 2014 Session
Senate Bill
Enacted
Current Status
Regular Session 2014
Session
1
Sponsor

Summary

Session
Regular Session 2014
Title
Securities Commission, exemption to Secs. 8-6-3 to 8-6-9, inclusive, limited to offerings of securities conducted in state to residents of the state only, new parameters for the investments established, Sec. 8-6-11 am'd.
Description

Under current law, certain investments meeting set parameters within or without the State of Alabama are exempt from various regulations of the Alabama Securities Commission.

This bill would provide for this exemption to apply solely to offerings of securities conducted in the State of Alabama to residents of the State of Alabama and set new parameters for such investments.

Subjects
Securities Commission

Bill Actions

H

Assigned Act No. 2014-376.

H

Signature Requested

S

Enrolled

S

Passed Second House

H

Motion to Read a Third Time and Pass adopted Roll Call 1004

H

Third Reading Passed

H

Read for the second time and placed on the calendar

H

Read for the first time and referred to the House of Representatives committee on Financial Services

S

Engrossed

S

Motion to Read a Third Time and Pass adopted Roll Call 140

S

Orr motion to Adopt adopted Roll Call 139

S

Finance and Taxation General Fund first Substitute Offered

S

Third Reading Passed

S

Read for the second time and placed on the calendar with 1 substitute and

S

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund

Bill Text

Votes

Motion to Read a Third Time and Pass

January 23, 2014 Senate Passed
Yes 31
Absent 4

Motion to Read a Third Time and Pass

April 2, 2014 House Passed
Yes 96
Abstained 1
Absent 7

Documents

Source: Alabama Legislature