KY HB76 | 2015 | Regular Session
Status
Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Passed on March 19 2015 - 100% progression
Action: 2015-03-19 - signed by Governor (Acts, ch. 024)
Text: Latest bill text (Draft #3) [MS Word]
Sponsorship: Bipartisan Bill
Status: Passed on March 19 2015 - 100% progression
Action: 2015-03-19 - signed by Governor (Acts, ch. 024)
Text: Latest bill text (Draft #3) [MS Word]
Summary
Create a new section of KRS 292.410 to 291.415 to establish requirements for an exemption to the Securities Act of 1933 for investments not to exceed $10,000 by Kentucky residents via the Internet, offered by an issuer that is a business entity organized and authorized under Kentucky law and in accordance with the Federal Jobs Act of 2012, with the total of investments not to exceed a total of $1 million or $2 million depending on whether the issuer has undergone a financial audit for the recently completed fiscal year; create a new section of KRS 292.410 to 291.415 to establish requirements for Internet Web site operators who operate a Web site for the sale of securities, pursuant to Section 1 of this Act, including registration with and examination by the commissioner of the Department of Financial Institutions; designate the Acts as the Kentucky Intrastate Crowdfunding Exemption.
Title
AN ACT relating to securities.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-03-19 | House | signed by Governor (Acts, ch. 024) |
| 2015-03-11 | House | delivered to Governor |
| 2015-03-11 | House | enrolled, signed by each presiding officer |
| 2015-03-11 | House | Bill passed 96-0 |
| 2015-03-11 | House | House concurred in Senate Committee Substitute |
| 2015-03-11 | House | posted for passage for concurrence in Senate Committee Substitute |
| 2015-03-11 | House | to Rules (H) |
| 2015-03-11 | House | received in House |
| 2015-03-11 | Senate | 3rd reading, passed 36-0 with Committee Substitute |
| 2015-03-09 | Senate | passed over and retained in the Consent Orders of the Day |
| 2015-03-09 | Senate | posted for passage in the Consent Orders of the Day for Monday, March 9, 2015 |
| 2015-03-04 | Senate | 2nd reading, to Rules |
| 2015-03-03 | Senate | reported favorably, 1st reading, to Consent Calendar with Committee Substitute |
| 2015-02-19 | Senate | to Banking & Insurance (S) |
| 2015-02-13 | Senate | received in Senate |
| 2015-02-13 | House | 3rd reading, passed 96-0 with Committee Substitute |
| 2015-02-12 | House | taken from the Consent Orders of the Day, placed in the Regular Orders of the Day for Friday, February 13, 2015 |
| 2015-02-12 | House | posted for passage in the Consent Orders of the Day for Tuesday, February 17, 2015 |
| 2015-02-12 | House | 2nd reading, to Rules |
| 2015-02-11 | House | reported favorably, 1st reading, to Consent Calendar with Committee Substitute |
| 2015-02-06 | House | posted in committee |
| 2015-01-06 | House | to Banking & Insurance (H) |
| 2015-01-06 | House | introduced in House |
