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Glossary of Legislative Terms

SB 1596: Small Business Investment

GENERAL BILL by Clemens

Small Business Investment; Exempting certain funding portals from registration requirements relating to the offer or sale of certain securities; creating the "Crowdfinance Act"; exempting certain offers and sales of securities and certain individuals from specified registration requirements; prohibiting the use of specified exemptions from registration requirements in conjunction with another exemption from registration requirements, etc.

Effective Date: 7/1/2014
 Last Action: 5/2/2014 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
2/28/2014 Senate • Filed
3/5/2014 Senate • Referred to Banking and Insurance; Commerce and Tourism; Appropriations -SJ 214
3/10/2014 Senate • Introduced -SJ 214
5/2/2014 Senate • Died in Banking and Insurance