BILL · 2015–16 SESSION · LATEST VERSION SHB 2316

HB 2316: Securities act of WA

Addressing the securities act of Washington.

Summary

  • Makes technical changes to the Securities Act of Washington.
  • Authorizes the Department of Financial Institutions to deny or revoke crowdfunding securities exemptions in certain circumstances.
  • Establishes renewal deadlines for broker-dealers, investment advisers, and other registrations.
  • Extends the deadline to request a hearing on certain administrative actions against a broker-dealer, investment advisor, and other registrations.

From the House Bill Report (HB 2316), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 11, 2016
  2. Out of committeeJan 18, 2016
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Steve Kirby (D-29)
Introduced
January 11, 2016 in the House
Last action
March 10, 2016
Requested by
Other
Companion bill
SB 6283
Budget
Has a fiscal note
Versions
HB 2316, SHB 2316

AN ACT Relating to clarifying, and making department of financial institutions technical regulatory changes to, the securities act of Washington;

Sponsors

Prime sponsor: Steve Kirby (D-29)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status. (SHB 2316)
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Rules 2 Review. (SHB 2316)
  4. Referred to Rules 2 Review.
  5. BFS - Majority; 1st substitute bill be substituted, do pass. (SHB 2316)
  6. BFS - Majority; 1st substitute bill be substituted, do pass.
  7. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).
  8. Prefiled for introduction.

HB 2316 in other sessions

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

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