SB319 (2018) Detail

Relative to exempt securities.


CHAPTER 99

SB 319 - FINAL VERSION

 

 

2018 SESSION

18-2937

03/05

 

SENATE BILL 319

 

AN ACT relative to exempt securities.

 

SPONSORS: Sen. Daniels, Dist 11

 

COMMITTEE: Commerce

 

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ANALYSIS

 

This bill modifies the exemption from securities regulation for government-issued securities.

 

This bill was requested by the department of state.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2937

03/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT relative to exempt securities.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

99:1  Exempt Securities.  Amend RSA 421-B:2-201(1) to read as follows:

(1)  a security, including a revenue obligation or a separate security as defined in Rule 131 adopted under the Securities Act of 1933, 17 C.F.R. section 230.131, issued, insured, or guaranteed by the United States; by a state; by a political subdivision of a state; by a public authority, agency, or instrumentality of one or more states; by a political subdivision of one or more states; by a person controlled or supervised by and acting as an instrumentality of the United States under authority granted by the Congress; or a certificate of deposit for any of the foregoing; [provided that this exemption shall not include any industrial development bond or industrial revenue bond;]

99:2  Effective Date.  This act shall take effect 60 days after its passage.

 

Approved: May 25, 2018

Effective Date: July 24, 2018

Links

SB319 at GenCourtMobile

Action Dates

Date Body Type
Jan. 9, 2018 Senate Hearing
Jan. 25, 2018 Senate Floor Vote
Feb. 1, 2018 Senate Floor Vote
March 28, 2018 House Hearing
April 10, 2018 House Exec Session
House Floor Vote
April 19, 2018 House Floor Vote

Bill Text Revisions

SB319 Revision: 4018 Date: May 30, 2018, 1:51 p.m.
SB319 Revision: 3540 Date: April 20, 2018, 9:19 a.m.
SB319 Revision: 2649 Date: Dec. 8, 2017, 12:07 p.m.

Docket

Date Status
Jan. 3, 2018 To Be Introduced 01/03/2018 and Referred to Commerce; SJ 1
Jan. 9, 2018 Hearing: 01/09/2018, Room 100, SH, 01:30 pm; SC 48
Jan. 25, 2018 Committee Report: Ought to Pass, 01/25/2018; Vote 5-0; CC SC 5
Feb. 1, 2018 Committee Report: Ought to Pass, 02/01/2018; Vote 5-0; CC SC 5
Feb. 1, 2018 Ought to Pass: MA, VV; OT3rdg; 02/01/2018; SJ 3
March 7, 2018 Introduced 03/07/2018 and referred to Commerce and Consumer Affairs HJ 7 P. 50
March 28, 2018 Public Hearing: 03/28/2018 11:00 AM LOB 302
April 3, 2018 Subcommittee Work Session: 04/03/2018 01:15 PM LOB 302
April 10, 2018 Executive Session: 04/10/2018 01:15 PM LOB 302
Committee Report: Ought to Pass (Vote 17-0; CC)
April 19, 2018 Committee Report: Ought to Pass for 04/19/2018 (Vote 17-0; CC) HC 15 P. 4
April 19, 2018 Ought to Pass: MA VV 04/19/2018 HJ 13 P. 3
April 26, 2018 Enrolled 04/26/2018
April 26, 2018 Enrolled (In recess 04/26/2018); SJ 15
May 25, 2018 Signed by the Governor on 05/25/2018; Chapter 0099; Effective 07/24/2018