BILL · 2017–18 SESSION

SB 5680: Small securities offerings

Simplifying small securities offerings.

Summary

  • Modifies requirements for conducting small securities offerings or crowdfunding.
  • Removes authorization for local Associate Development Organizations (ADO) and port districts to qualify as portals for purposes of facilitating small securities offerings.

From the Senate Bill Report (SB 5680), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedFeb 2, 2017
  2. Out of committeeFeb 16, 2017
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Joe Fain (R-47)
Introduced
February 2, 2017 in the Senate
Last action
January 8, 2018
Companion bill
HB 1593

AN ACT Relating to simplifying small securities offerings;

Sponsors

Prime sponsor: Joe Fain (R-47)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. Senate Rules "X" file.
  6. Placed on second reading by Rules Committee.
  7. Passed to Rules Committee for second reading.
  8. FI - Majority; do pass.
  9. First reading, referred to Financial Institutions & Insurance.

SB 5680 in other sessions

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

Report wrong or missing information on this page