Legislature(1999 - 2000)
05/17/1999 10:50 AM Senate RLS
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* first hearing in first committee of referral
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SENATE RULES COMMITTEE
May 17, 1999
10:50 a.m.
MEMBERS PRESENT
Senator Tim Kelly, Chair
Senator Loren Leman, Vice Chair
Senator Mike Miller
Senator Drue Pearce
Senator Johnny Ellis
MEMBERS ABSENT
None
COMMITTEE CALENDAR
HOUSE BILL NO. 79
"An Act relating to letters of credit under the Uniform Commercial
Code; and providing for an effective date."
-MOVED HB 79 OUT OF COMMITTEE
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, petitions to
superior court by the administrator to reduce civil penalties to
judgment, 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 criminal 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."
-MOVED CSHB 83(JUD)(title am) OUT OF COMMITTEE
CS FOR HOUSE BILL NO. 158(L&C)
"An Act relating to the annual report of the director of the
division of insurance and to notice of cancellation of personal
insurance."
-MOVED CSHB 158(L&C) OUT OF COMMITTEE
CS FOR HOUSE BILL NO. 225(JUD)
"An Act relating to election campaigns and legislative ethics; and
providing for an effective date."
-MOVED CSHB 225(JUD) OUT OF COMMITTEE
PREVIOUS SENATE COMMITTEE ACTION
HB 79 - See Labor and Commerce Committee minutes dated 5/6/99.
HB 83 - See Labor and Commerce minutes dated 4/20/99 and Judiciary
minutes dated 5/3/99.
HB 158 - See Labor and Commerce Committee minutes dated 5/14/99.
HB 225 - See Judiciary minutes dated 5/14/99 and 5/15/99.
ACTION NARRATIVE
TAPE 99-10, SIDE A
CHAIRMAN KELLY called the Senate Rules Committee meeting to order
at 10:50 a.m. All members were present.
SENATOR LEMAN moved to calendar HB 79-UNIFORM COMMERCIAL CODE:
LETTERS OF CREDIT. There being no objection, the motion carried.
SENATOR LEMAN moved to calendar CSHB 83(JUD)(title am)-ALASKA
SECURITIES ACT. There being no objection, the motion carried.
SENATOR LEMAN moved to calendar CSHB 158(L&C)-NOTICE OF INS.
CANCELLATION TO ELDERLY. There being no objection, the motion
carried.
SENATOR LEMAN moved to calendar CSHB 225(JUD)-CAMPAIGN FINANCE AND
LEGISLATIVE ETHICS. SENATOR ELLIS objected. The motion carried
with Senators Miller, Pearce, Leman, and Kelly voting "yea," and
Senator Ellis voting "nay."
CHAIRMAN KELLY announced a meeting will occur upon recess of the
Senate floor session and adjourned the meeting at 10:53 a.m.
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