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
Last Action: 5/2/2014 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Commerce and Tourism (CM)
- 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
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SB 1596, Original Filed Version (Current Bill Version) Posted 2/28/2014 at 5:59 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1299 Small Business Investment Nelson Similar Last Action: 5/2/2014 H Died in Insurance and Banking Subcommittee
Location: In committee/council (IBS)
Citations - Statutes (5)
Citation Catchline Location in Bill Location In Bill Help 517.021 Definitions. Page 1 (pdf) 517.07 Registration of securities. Page 3 (pdf) 517.12 Registration of dealers, associated persons, and investment advisers. Page 4 (pdf) 517.371 Page 5 (pdf) 626.9911 Definitions. Page 9 (pdf)