HB 18-1388

  • Colorado House Bill
  • 2018 Regular Session
  • Introduced in House Apr 27, 2018
  • Passed House Apr 27, 2018
  • Passed Senate May 03, 2018
  • Signed by Governor May 29, 2018

Exempt Reqmnt Register Security If Notice Filing

Abstract

Existing law generally requires that, for a person to issue a security, either the security or the person must be exempt or the person must register the security with the securities commissioner. The federal 'National Securities Markets Improvement Act of 1996' (NSMIA) preempts certain provisions of the 'Colorado Securities Act' that require the filing of a registration statement and the collection of fees for mutual fund offerings. NSMIA permits state securities regulators to require only notice filing and the payment of a required fee for mutual fund offerings. Sections 1, 2, and 5 of the bill eliminate the registration requirement, and section 3 substitutes a notice filing requirement. The notice is valid for 12 months, must be accompanied by a fee established by the securities commissioner, and can be renewed.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More

Bill Sponsors (2)

Votes


Actions


May 29, 2018

Office of the Governor

Governor Signed

May 14, 2018

Senate

Signed by the President of the Senate

Office of the Governor

Sent to the Governor

May 11, 2018

House

Signed by the Speaker of the House

May 03, 2018

Senate

Senate Third Reading Passed - No Amendments

May 02, 2018

Senate

Senate Second Reading Special Order - Passed - No Amendments

May 01, 2018

Senate

Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole

  • Committee-Passage
Finance

Apr 27, 2018

Senate

Introduced In Senate - Assigned to Finance

  • Introduction
Finance

House

House Third Reading Passed - No Amendments

Apr 26, 2018

House

House Second Reading Special Order - Passed - No Amendments

Apr 25, 2018

House

House Committee on Finance Refer Unamended to House Committee of the Whole

  • Referral-Committee
  • Committee-Passage
House Committee of the Whole Finance

Apr 12, 2018

House

Introduced In House - Assigned to Finance

  • Introduction
Finance

Bill Text

Bill Text Versions Format
Committee Amendment PDF
Introduced (04/12/2018) PDF
Engrossed (04/26/2018) PDF
Reengrossed (04/27/2018) PDF
Revised (05/02/2018) PDF
Rerevised (05/03/2018) PDF
Final Act (05/14/2018) PDF
Signed Act (05/29/2018) PDF

Related Documents

Document Format
Fiscal Note FN1 (04/19/2018) PDF
Fiscal Note FN2 (06/21/2018) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.