Legislature(2017 - 2018)
2017-04-13 House Journal
Full Journal pdf2017-04-13 House Journal Page 1077 HB 170 The Judiciary Committee considered: 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 2017-04-13 House Journal Page 1078 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." and recommends it be replaced with: 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." The report was signed by Representative Claman, Chair, with the following individual recommendations: Do pass (1): Claman No recommendation (4): Eastman, Kopp, Kreiss-Tomkins, Fansler The following fiscal note(s) apply to CSHB 170(JUD): 1. Zero, Dept. of Commerce, Community, & Economic Development 2. Zero, Dept. of Health & Social Services HB 170 was referred to the Rules Committee for placement on the calendar.