2018-04-15                     Senate Journal                      Page 2722
HB 170                                                                                                                        
The Labor and Commerce Committee considered 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                                                           

2018-04-15                     Senate Journal                      Page 2723
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 recommended it be replaced with                                                                             
                                                                                                                                
                       SENATE CS FOR CS FOR HOUSE BILL                                                                         
          NO. 170(L&C)                                                                                                          
                                                                                                                                
Signing do pass: Senator Costello, Chair; Senator Meyer. Signing no                                                             
recommendation: Senator Gardner.                                                                                                
                                                                                                                                
The following fiscal information was published today:                                                                           
          Fiscal Note No. 3, zero, Department of Commerce, Community                                                           
      and Economic Development                                                                                                  
     Fiscal Note No. 4, zero, Department of Health and Social Services                                                          
                                                                                                                                
The bill was referred to the Judiciary Committee.