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2017 SESSION
HB 1754 Securities Act; regulation of federal covered securities.
Introduced by: Glenn R. Davis | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Securities Act; regulation of federal covered securities. Authorizes the State Corporation Commission (SCC) to require the issuer of a security that is a federal covered security under federal crowdfunding rules to file a notice and consent to service of process when (i) the principal place of business of the issuer is in the Commonwealth or (ii) purchasers of 50 percent or more of the securities sold by the issuer pursuant to an offering made in reliance on such rule are residents of the Commonwealth. The measure allows the SCC to assess a filing fee not to exceed $100 in connection with such a filing.
FULL TEXT
- 01/08/17 House: Prefiled and ordered printed; offered 01/11/17 17101536D pdf | impact statement
- 02/20/17 House: Bill text as passed House and Senate (HB1754ER) pdf | impact statement
- 03/24/17 Governor: Acts of Assembly Chapter text (CHAP0754) pdf
HISTORY
- 01/08/17 House: Prefiled and ordered printed; offered 01/11/17 17101536D
- 01/08/17 House: Referred to Committee on Commerce and Labor
- 01/17/17 House: Reported from Commerce and Labor (20-Y 0-N)
- 01/19/17 House: Read first time
- 01/20/17 House: Passed by for the day
- 01/23/17 House: Read second time and engrossed
- 01/24/17 House: Read third time and passed House BLOCK VOTE (97-Y 0-N)
- 01/24/17 House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
- 01/25/17 Senate: Constitutional reading dispensed
- 01/25/17 Senate: Referred to Committee on Commerce and Labor
- 02/13/17 Senate: Reported from Commerce and Labor (14-Y 0-N)
- 02/15/17 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/16/17 Senate: Read third time
- 02/16/17 Senate: Passed Senate (39-Y 0-N)
- 02/16/17 Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
- 02/16/17 Senate: Passed Senate (40-Y 0-N)
- 02/20/17 House: Enrolled
- 02/20/17 House: Bill text as passed House and Senate (HB1754ER)
- 02/20/17 House: Signed by Speaker
- 02/21/17 Senate: Signed by President
- 02/21/17 House: Enrolled Bill communicated to Governor on 2/21/17
- 02/21/17 Governor: Governor's Action Deadline Midnight, March 27, 2017
- 03/24/17 Governor: Approved by Governor-Chapter 754 (effective 7/1/17)
- 03/24/17 Governor: Acts of Assembly Chapter text (CHAP0754)