Legislature(2017 - 2018)

2017-04-16 House Journal

Full Journal pdf

2017-04-16                     House Journal                      Page 1136
HB 170                                                                                                                        
The following was read the second time:                                                                                         
                                                                                                                                
    HOUSE BILL NO. 170                                                                                                          
    "An Act relating to securities, registration, exempt securities,                                                            
    exempt transactions, broker-dealers, agents, investment advice,                                                             
    investment advisers, investment adviser representatives, federal                                                            
    covered securities, federal covered investment advisers, viatical                                                           
    settlement interests, small intrastate security offerings, Canadian                                                         
    broker-dealers, and Canadian agents; relating to administrative,                                                            
    civil, and criminal enforcement provisions, including restitution                                                           
    and civil penalties for violations; relating to an investor training                                                        
    fund; establishing increased civil penalties for harming older                                                              
    persons and vulnerable adults; relating to corporations organized                                                           
    under the Alaska Native Claims Settlement Act; amending Rules                                                               
    4, 5, 54, 65, and 90, Alaska Rules of Civil Procedure, and Rule                                                             
    602, Alaska Rules of Appellate Procedure; and providing for an                                                              
    effective date."                                                                                                            
                                                                                                                                
with the:                                                  Journal Page                                                         
                                                                                                                                
 L&C RPT 6DP 1NR                                                     779                                                        
 FN1: ZERO(CED)                                                      779                                                        
 FN2: ZERO(DHS)                                                      779                                                        
 JUD RPT CS(JUD) NT 1DP 4NR                                        1077                                                         
 FN1: ZERO(CED)                                                    1078                                                         
 FN2: ZERO(DHS)                                                    1078                                                         
                                                                                                                                

2017-04-16                     House Journal                      Page 1137
Representative Tuck moved and asked unanimous consent that the                                                                  
following committee substitute be adopted in lieu of the original bill:                                                         
                                                                                                                                
    CS FOR HOUSE BILL NO. 170(JUD)                                                                                              
    "An Act relating to securities, registration, exempt securities,                                                            
    exempt transactions, broker-dealers, agents, investment advice,                                                             
    investment advisers, investment adviser representatives, federal                                                            
    covered securities, federal covered investment advisers, viatical                                                           
    settlement interests, small intrastate security offerings, Canadian                                                         
    broker-dealers, and Canadian agents; relating to protecting older                                                           
    and vulnerable adults from financial exploitation; relating to                                                              
    administrative, civil, and criminal enforcement provisions,                                                                 
    including restitution and civil penalties for violations; relating to                                                       
    an investor training fund; establishing increased civil penalties for                                                       
    harming older persons and vulnerable adults; relating to                                                                    
    corporations organized under the Alaska Native Claims Settlement                                                            
    Act; amending Rules 4, 5, 54, 65, and 90, Alaska Rules of Civil                                                             
    Procedure, and Rule 602, Alaska Rules of Appellate Procedure;                                                               
    and providing for an effective date."                                                                                       
                                                                                                                                
There being no objection, it was so ordered.                                                                                    
                                                                                                                                
Representative Tuck moved and asked unanimous consent that CSHB                                                                 
170(JUD) be considered engrossed, advanced to third reading, and                                                                
placed on final passage.                                                                                                        
                                                                                                                                
There was objection.                                                                                                            
                                                                                                                                
CSHB 170(JUD) will advance to third reading on tomorrow's                                                                       
calendar.