Securities Act; exemption for nonissuer distributions. (HB1457)

Introduced By

Del. Israel O'Quinn (R-Bristol) with support from 8 copatrons, whose average partisan position is:

Those copatrons are Del. Lamont Bagby (D-Richmond), Del. Jeff Bourne (D-Richmond), Del. Jay Jones (D-Norfolk), Del. Mark Keam (D-Vienna), Del. Terry Kilgore (R-Gate City), Del. Nick Rush (R-Christiansburg), Del. Lee Ware (R-Powhatan), Del. Michael Webert (R-Marshall)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Securities Act; exemption for nonissuer distributions. Exempts certain nonissuer distributions from the registration provisions of the Securities Act. Read the Bill »

Status

02/20/2020: Passed the Senate

History

DateAction
01/08/2020Committee
01/08/2020Prefiled and ordered printed; offered 01/08/20 20100432D
01/08/2020Referred to Committee on Labor and Commerce
01/13/2020Impact statement from SCC (HB1457)
01/28/2020Reported from Labor and Commerce (17-Y 0-N) (see vote tally)
01/30/2020Read first time
01/31/2020Read second time and engrossed
02/03/2020Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/03/2020VOTE: Block Vote Passage (99-Y 0-N) (see vote tally)
02/04/2020Constitutional reading dispensed
02/04/2020Referred to Committee on Commerce and Labor
02/17/2020Reported from Commerce and Labor (15-Y 0-N) (see vote tally)
02/19/2020Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/20/2020Read third time
02/20/2020Passed Senate (40-Y 0-N) (see vote tally)
02/25/2020Enrolled
02/25/2020Bill text as passed House and Senate (HB1457ER)
02/25/2020Impact statement from SCC (HB1457ER)

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