l9n/ Connecticut

2001 Regular Session

House Bill 6130

AN ACT CONCERNING THE CONNECTICUT UNIFORM SECURITIES ACT AND NOTICES ISSUED BY THE DEPARTMENT OF BANKING.

Became law as Public Act 01-48, signed May 31, 2001, 133 days after it was filed.

What it does

The synopsis the General Assembly published with the bill.

To conform the definitions of "broker-dealer" and "investment adviser" to the definitions of those terms under federal securities laws; to allow the commissioner, in writing, to exempt from registration any person or class of persons subject to the registration requirements of the Connecticut Uniform Securities Act, conditionally or unconditionally, if the commissioner finds that registration is not necessary or appropriate in the public interest or for the protection of investors and that the person or class of persons meet specific exemption criteria, and to subsequently modify, further condition or withdraw the exemption; to make withdrawal of an application for registration effective ninety days after receipt of a notice of intent to withdraw unless a proceeding to deny the application for registration is pending, to allow the commissioner to place conditions on a withdrawal if a proceeding to deny is pending or is instituted within the ninety days after receipt of the notice of intent to withdraw, and to allow for the institution of a denial proceeding within one year after withdrawal becomes effective; to extend administrative restitutionary and disgorgement remedies against control persons to cover regulation, rule or order violations; to allow the commissioner to enter a written consent order with a respondent at any time after the issuance of a notice of intent to impose a fine; to replace the term "civil penalty" with the term "fine" to conform with language used throughout title 36b; to amend titles 36a and 36b to make corresponding changes allowing the commissioner to use an express delivery carrier that provides a dated delivery receipt, in lieu of registered or certified mail, return receipt requested, when sending out notices and orders.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

1 co-sponsor

Paul R. Doyle

In the Senate

    1 co-sponsor

    Eileen M. Daily

    Its course

    January 18 to May 31, 2001, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

    Each committee stop sits inside its chamber.

    Every action25 actions on 18 days

    In the House of RepresentativesJan 18 to Apr 1991 days

    Banking CommitteeJan 18 to Mar 1556 days

    Judiciary CommitteeMar 15 to Mar 2813 days

    In the SenateApr 19 to May 1021 days

    Back in the House of RepresentativesMay 10 to May 2313 days

    Waiting to be sentMay 23 to May 307 days

    With the GovernorMay 30 to May 311 day

    Amendments

    Each amendment offered, and what became of it.

    • Senate floor amendmentAdopted

      Adopted May 10 · House of Representatives agreed May 16

    Text

    Each version as the General Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the General Assembly published it is below.

    In the House of Representatives Jan 18 – Apr 19

    1. Jan 18Introduced and sent to Banking Committee
    2. Jan 19Heard in Banking Committee
    3. Mar 15Banking Committee recommended it and sent it to Judiciary Committee
    4. Mar 28Judiciary Committee recommended it
    5. Apr 19Passed the House of Representatives

    In the Senate Apr 23 – May 10

    1. Apr 23Arrived in the Senate
    2. May 10The Senate adopted Senate Amendment A
    3. Passed the Senate with Senate Amendment A

    Back in the House of Representatives May 16 – May 23

    1. May 16The House of Representatives agreed to Senate Amendment A
    2. Passed the House of Representatives with Senate Amendment A
    3. May 23Numbered Public Act 01-48

    To the Governor May 30 – May 31

    1. May 30Sent to the Secretary of the State
    2. May 31Signed by the Governor
    All 25 actions, as published
    1. Jan 18REF. TO JOINT COMM. ONBoth houses
    2. Jan 19PUBLIC HEARINGBoth houses
    3. Mar 15Joint Favorable Change of ReferenceBoth houses
    4. Mar 16FILED WITH LCOBoth houses
    5. Mar 21RPTD. OUT OF LCOBoth houses
    6. Mar 21FAV. CHG. OF REF. HOUSE TO COMM. ONHouse of Representatives
    7. Mar 22FAV. CHG. OF REF., SEN. TO COMM. ONSenate
    8. Mar 28Joint FavorableBoth houses
    9. Mar 29FILED WITH LCOBoth houses
    10. Apr 6REFERRED TO OLR, OFABoth houses
    11. Apr 12RPTD. OUT OF LCOBoth houses
    12. Apr 12FAV. RPT., TABLED FOR HOUSE CALENDARHouse of Representatives
    13. Apr 12HOUSE CALENDAR NUMBERHouse of Representatives
    14. Apr 12FILE NO.Both houses
    15. Apr 19HOUSE PASSEDHouse of Representatives
    16. Apr 23FAV. RPT., TAB. FOR CAL., SEN.Senate
    17. Apr 23SENATE CALENDAR NUMBERSenate
    18. May 10SEN. ADOPTED SEN. AMEND. SCH.Senate
    19. May 10SEN. PASSED, SEN. AMEND. SCH.Senate
    20. May 11POTENTIAL DISAGREEING ACTION, TABLED CAL. HO.House of Representatives
    21. May 16HOUSE ADOPTED SEN. AMEND. SCH.House of Representatives
    22. May 16HOUSE PASSED, SEN. AMEND. SCH.House of Representatives
    23. May 23PUBLIC ACTBoth houses
    24. May 30TRANSMITTED TO SECRETARY OF THE STATEBoth houses
    25. May 31SIGNED BY GOVERNORGovernor