1999-04-07                     House Journal                      Page 0674
HB 101                                                                       
Representative Green moved and asked unanimous consent that the roll           
call on the passage of the bill be considered the roll call on the             
effective date clause.  There being no objection, it was so ordered.           
                                                                               
                                                                               
CSHB 101(L&C) was referred to the Chief Clerk for engrossment.                 
                                                                               
                                                                               
                         THIRD READING OF HOUSE BILLS                        
                                                                               
HB 83                                                                        
The following, which was advanced to third reading from the                    
March31, 1999, calendar (page 637), was read the third time:                   
                                                                               
                                                                               
CS FOR HOUSE BILL NO. 83(JUD)(title am)                                       
"An Act relating to certain securities occupations and investment             
pools; relating, with regard to the Alaska Securities Act, to federal          
covered securities, the registration of securities, the general                
exemptions for securities and transactions, Internet offers of                 
securities and transactions, file confidentiality, court petitions for         
civil penalty judgments, penalties for wilful violations, time limits          
for bringing court actions for violations, administrator-established           
fees and administrator-required reimbursements, consent to service,            
title, sales, purchases, offers to sell, and offers to purchase;               
exempting certain violations of the Alaska Securities Act from                 
certain penalties; amending or repealing certain current definitions           
in the Alaska Securities Act; providing new Alaska Securities Act              
definitions for certain securities occupations, for certain federal            
statutes, and for the terms 'advisory client,' 'advisory fee,' 'advisory       
services,' 'clients who are natural persons,' 'federal covered                 
security,' 'investment advisory business,' 'investment advisory                
contract,' 'NASDAQ,' 'notice filing,' 'place of business,' 'principal          
place of business,' 'securities business,' 'substantial portion of the         
business,' and 'supervised person'; and providing for an effective             
date."                                                                         
                                                                               
                                                                               
A title amendment, which amends Amendment No. 1 (page 635), was                
offered by Representatives Rokeberg and Berkowitz: