Legislature(2015 - 2016)
2016-04-12 Senate Journal
Full Journal pdf2016-04-12 Senate Journal Page 2473 SB 108 The Judiciary Committee considered SENATE BILL NO. 108 "An Act repealing and reenacting the Alaska Securities Act, including provisions relating to exempt securities and transactions; relating to registration of securities, firms, and agents that offer or sell securities and investment advice; relating to administrative, civil, and criminal enforcement provisions, including restitution and civil penalties for violations; allowing certain civil penalties to be used for an investor training fund; establishing increased civil penalties for harming older Alaskans; retaining provisions concerning corporations organized under the Alaska Native Claims Settlement Act; amending Rules 4, 5, 54, 65, and 90, Alaska Rules of Civil Procedure; and providing for an effective date" and recommended the adoption of the Labor and Commerce Committee Substitute offered on page 2027. Signing no recommendation: Senator McGuire, Chair; Senators Micciche, Coghill, Wielechowski. Signing do pass: Senator Costello. 2016-04-12 Senate Journal Page 2474 The following previously published fiscal information applies: Fiscal Note No. 2, zero, Department of Administration Fiscal Note No. 3, indeterminate, Department of Commerce, Community and Economic Development The bill was referred to the Finance Committee.