HB 830 HD 1 SD 2

RELATING TO SECURITIES

By Representative(s) SAIKI / CASE / LUKE; Hamakawa

Keywords: BUSINESS ENTERPRISES, DEPT. OF COMMERCE AND CONSUMER AFFAIRS, SECURITIES, SMALL BUSINESS, TRADE REGULATIONS

Report Title: Small Business; Financing

Description: Allows small companies to raise capital through small corporate offerings registration (SCOR), a uniform registration system that allows financing by selling common stock; establishes accredited investor exemption to raise capital through private placement to qualified higher net worth individuals and institutions. (SD2)

 1-26-99        H Introduced and passed First Reading                      
 1-27-99        H Referred to the committees on 1. EDB 2. CPC ,
                  referral sheet 4
 2- 8-99        H Bill scheduled to be heard by EDB on Thursday,
                  02-11-99 at 8:30 A.M. in House conference room 325.
 2-11-99        H The committee on EDB recommends that the measure be         
                  PASSED, UNAMENDED.
 2-11-99        H The votes in EDB were as follows:10 Ayes: Rep.(s)
                  Herkes, Luke, Abinsay, Chang, Kaho`ohalahala,
                  Morihara, Suzuki, Halford, Rath, Whalen; Ayes with
                  reservations: Rep.(s) ; none Noes: Rep.(s) ; and 3
                  Excused: Rep.(s) Ahu Isa, Ito, Saiki
 2-17-99        H Reported from the committee on EDB (Stand. Com. Rep.        
                  No. 352), recommending passage on Second Reading and        
                  referral to the committee on CPC
 2-17-99        H Passed Second Reading and referred to the committee         
                  on CPC      with Representative(s) none voting no
                  and Representative(s) Cachola, Catalani, McDermott,         
                  Menor, Saiki, Yoshinaga excused.
 2-18-99        H Bill scheduled to be heard by CPC on Monday,
                  02-22-99 at 6:00 P.M. in House conference room 325.
 2-22-99        H The committee on CPC recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2-22-99        H The votes in CPC were as follows:8 Ayes: Rep.(s)
                  Menor, Lee, Cachola, Garcia, Herkes, Kaho`ohalahala,        
                  Rath, Whalen; Ayes with reservations: Rep.(s) ; none        
                  Noes: Rep.(s) ; and 7 Excused: Rep.(s) Chang,
                  Hiraki, Morita, Takumi, Yoshinaga, Halford, Thielen
 3- 5-99        H Reported from the committee on CPC (Stand. Com. Rep.        
                  No. 956) as amended in (HD 1), recommending passage         
                  on Third Reading
 3- 5-99        H Forty-eight (48) hours notice 03-09-99                   
 3- 9-99        H Passed Third Reading as amended in (HD 1)                
 3- 9-99        H The vote was as follows:  47 aye(s), with none
                  voting no and Representative(s) Kaho`ohalahala,
                  Moses, Okamura, Rath excused
 3- 9-99        H Transmitted to Senate                                    
 3-11-99        S Received from House (Hse. Com. No. 239)                  
 3-11-99        S Passed First Reading and referred to 1. ECD 2. WAM       
 3-17-99        S Re-Referred to 1. ECD 2. CPN                             
 3-19-99        S Bill scheduled to be heard by ECD on 03-22-99 at
                  6:30 p.m. in conference room 224
 3-22-99        S The committee on ECD recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 3-22-99        S The votes in ECD were as follows: 5 Ayes: Senator(s)        
                  Inouye, Buen, M. Ige, Kawamoto, Slom; Ayes with
                  reservations: Senator(s) ; none Noes: Senator(s) ;
                  and 1 Excused: Senator(s) Taniguchi
 3-25-99        S Reported from ECD (Stand. Com. Rep. No. 1100) with
                  recommendation of passage on Second Reading, as
                  amended (SD 1) and referral to CPN
 3-25-99        S Report adopted; Passed Second Reading, as amended
                  (SD 1) and referred to CPN.
 3-31-99        S Bill scheduled to be heard by CPN on 04-05-99 at
                  9:00 a.m. in conference room 016.
 4- 5-99        S The committee on CPN recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 4- 5-99        S The votes in CPN were as follows: 7 Ayes: Senator(s)        
                  Kanno, Taniguchi, Bunda, Hanabusa, Inouye, Matsuura,        
                  Slom; Ayes with reservations: Senator(s) ; none
                  Noes: Senator(s) ; and 1 Excused: Senator(s) Ihara
 4- 9-99        S Reported from CPN (Stand. Com. Rep. No. 1532) with
                  recommendation of passage on Third Reading, as
                  amended (SD 2)
 4- 9-99        S 48 hours notice 04-13-99                                 
 4-13-99        S Report adopted; Passed Third Reading, as amended (SD        
                  2). Ayes, 25.  Noes, none.  Excused, none.
 4-13-99        S Transmitted to House                                     
 4-14-99        H Received from Senate (Sen. Com. No. 582) in amended         
                  form (SD 2)
 4-15-99        H House disagrees with Senate amendment(s)                 
 4-16-99        S Received notice of disagreement on 04-15-99, (Hse.
                  Com. No. 617)
 4-17-99        H House conferees appointed: Herkes,
                  Menor(Co-)Chairman; Chang, Lee, Rath
 4-19-99        S Received notice of appointment of House conferees
                  (Hse. Com. No. 618).
 4-19-99        S Senate Conferees appointed:  Inouye, Taniguchi,
                  (Co-) Chair; Slom
 4-19-99        H Received notice of Senate conferees (Sen. Com. No.
                  743)
 4-21-99        H Bill scheduled for Conference Committee Meeting on
                  Friday, 04-23-99 at 8:30 A.M. in  conference room
                  423.
 4-23-99        H Conference Committee Meeting will reconvene on
                  Monday, 04-26-99 at 8:30 A.M. in conference room
                  423.