WA People
BILL · 1993–94 SESSION

HB 1460: Investment advisory contrcts

Regulating investment advisory contracts.

Summary

  • The director of the Department of Licensing is authorized to adopt rules delineating permissible performance based compensation arrangements for investment advisors. Any rule adopted by the director may only allow those arrangements permitted under the Securities and Exchange Commission's regulations and the federal Investment Advisors Act of 1940.

From the Senate Bill Report (HB 1460), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 29, 1993
  2. Out of committee
  3. Passed HouseMar 8, 1993
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Paul Zellinsky (D-23)
Introduced
January 29, 1993 in the House
Last action
March 11, 1994
Requested by
State agency
Companion bill
SB 5384
Budget
Has a fiscal note

Sponsors

Prime sponsor: Paul Zellinsky (D-23)

2 co-sponsors (1 Democrat, 1 Republican)

Todd Mielke R-6Ron Meyers D-26

Votes

House · Final Passage

March 8, 1993
Version voted on: HB 1460
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat63000
Republican34001
How each member voted

Yea (97)

Excused (1)

Permalink to this vote

House · Final Passage

January 24, 1994
Version voted on: HB 1460
92 Yea 0 Nay 0 Absent 6 Excused
PartyYeaNayAbsentExcused
Democrat60003
Republican32003
How each member voted

Yea (92)

Permalink to this vote

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 1460 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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