2017-03-29                     House Journal                      Page 0779
HB 170                                                                                                                        
The Labor & Commerce 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                                                           
    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 Kito, Chair, with the                                                                   
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (6):  Sullivan-Leonard, Stutes, Wool, Josephson, Birch, Kito                                                            
                                                                                                                                
No recommendation (1):  Knopp                                                                                                   
                                                                                                                                
The following fiscal note(s) apply:                                                                                             
                                                                                                                                
1.  Zero, Dept. of Commerce, Community, & Economic Development                                                                  
2.  Zero, Dept. of Health & Social Services                                                                                     
                                                                                                                                
HB 170 was referred to the Judiciary Committee.