2002-04-19                     House Journal                      Page 3032
HB 393                                                                                            
The following was read the second time:                                                             
                                                                                                    
    HOUSE BILL NO. 393                                                                              
    "An Act relating to unfair and deceptive trade practices and to the                             
    sale of business opportunities; amending Rules 4 and 73, Alaska                                 
    Rules of Civil Procedure; and providing for an effective date."                                
                                                                                                    
with the:                                                   Journal Page                            
                                                                                                    
 L&C RPT 2DP 5NR                                                     2435                           
 FN1: INDETERMINATE(LAW)                                             2435                           
 JUD RPT CS(JUD) 1DP 3NR                                             2831                           
 FN1: INDETERMINATE(LAW)                                             2831                           
 FIN RPT CS(JUD) 10DP                                                2969                           
 FN1: INDETERMINATE(LAW)                                             2969                           
                                                                                                    
Representative James moved and asked unanimous consent that the                                     
following committee substitute be adopted in lieu of the original bill:                             
                                                                                                    
    CS FOR HOUSE BILL NO. 393(JUD)                                                                  
    (same title)                                                                                    
                                                                                                    
There being no objection, it was so ordered.                                                        
                                                                                                    
                                                                                                    
Amendment No. 1 was offered  by Representatives Davies and Bunde:                                    
                                                                                                    
Page 13, line 5, following "$250":                                                                  
 Insert ", except that this exemption does not apply if the aggregate                               
amount of the sales or offers to sell the business opportunity that are                             
made in a one-year period by the seller or offeror of the business                                  
opportunity, or by the agent of the seller or offeror, exceeds $10,000"                             
                                                                                                    
                                                                                                    
Representative Davies moved and asked unanimous consent that                                        
Amendment No. 1 be adopted.                                                                         
                                                                                                    
Objection was heard.