WA People
BILL · 2005–06 SESSION

HB 2975: State securities act

Granting an exemption under the state securities act.

Summary

  • Adds an additional exception to the nontransferable provision regarding exempt transactions by a mutual or cooperative association in transactions exempt from the State Securities Act. The additional exception is a transfer by gift to a nonprofit entity.

From the House Bill Report (HB 2975), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 220, Laws of 2006
  1. IntroducedJan 17, 2006
  2. Out of committeeJan 30, 2006
  3. Passed HouseFeb 8, 2006
  4. Passed SenateMar 1, 2006
  5. GovernorMar 24, 2006
  6. LawMar 24, 2006
Prime sponsor
Daniel Newhouse (R-15)
Introduced
January 17, 2006 in the House
Last action
March 24, 2006
Session law
Chapter 220, Laws of 2006

AN ACT Relating to exempt transactions under the securities act of Washington;

Sponsors

Prime sponsor: Daniel Newhouse (R-15)

2 co-sponsors (1 Democrat, 1 Republican)

Steve Kirby D-29Jim Dunn R-17

Votes

House · Final Passage

Passed February 8, 2006
Version voted on: HB 2975
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat56000
Republican42000
How each member voted

Yea (98)

Permalink to this vote

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed March 1, 2006
Version voted on: HB 2975
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat26000
Republican21002
How each member voted

Yea (47)

Excused (2)

Permalink to this vote

House · Final Passage as Amended by the Senate

Passed March 4, 2006
Version voted on: HB 2975
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat56000
Republican41001
How each member voted

Yea (97)

Excused (1)

Permalink to this vote

History

  1. Effective date 6/7/2006.
  2. Chapter 220, 2006 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Passed final passage; yeas, 97; nays, 0; absent, 0; excused, 1.
  8. House concurred in Senate amendments.
  9. Third reading, passed; yeas, 47; nays, 0; absent, 0; excused, 2.
  10. Rules suspended. Placed on Third Reading.
  11. Committee amendment adopted with no other amendments.
  12. Placed on second reading by Rules Committee.
  13. Made eligible to be placed on second reading.
  14. FHC - Majority; do pass with amendment(s).
  15. Passed to Rules Committee for second reading.
  16. First reading, referred to Financial Institutions, Housing & Consumer Protection.
  17. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0.
  18. Placed on third reading.
  19. Committee recommendations adopted.
  20. Placed on second reading suspension calendar.
  21. Passed to Rules Committee for second reading.
  22. FII - Majority; do pass.
  23. FII - Executive action taken by committee.
  24. First reading, referred to Financial Institutions & Insurance.

HB 2975 in other sessions

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

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