Mississippi Senate Bill 2685 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on February 11 2014 - 100% progression
Action: 2014-02-11 - Died In Committee
Text: Latest bill text (Comm Sub) [HTML]

An Act To Amend Section 75-71-202, Mississippi Code Of 1972, To Exempt Certain Small Securities Offerings From Securities Registration Requirements; To Create New Section 75-17-202.1, Mississippi Code Of 1972, To Create The Invest Mississippi Exemption To Allow Equity Crowdfunding For Certain Small Security Offerings; To Require Certain Disclosures To Investors; To Require Periodic Reporting To Investors; To Authorize The Secretary Of State To Adopt Rules To Implement The Provisions Of This Act And To Protect Investors Who Purchase Securities Under This Act; To Establish A Filing Fee To Pay The Costs Incurred In Administering The Act; And For Related Purposes.

Invest Mississippi Exemption; create to allow equity crowdfunding for certain small security offerings.

Sen. Gray Tollison [D]

Date	Chamber	Action
2014-02-11	Senate	Died In Committee
2014-02-11	Senate	Recommitted to Committee
2014-01-30	Senate	Title Suff Do Pass Comm Sub
2014-01-20	Senate	Referred To Business and Financial Institutions

Type	Source
Summary	https://billstatus.ls.state.ms.us/2014/pdf/history/SB/SB2685.xml
Text	https://billstatus.ls.state.ms.us/documents/2014/html/SB/2600-2699/SB2685IN.htm
Text	https://billstatus.ls.state.ms.us/documents/2014/html/SB/2600-2699/SB2685CS.htm