SB 742

RELATING TO SMALL CORPORATE OFFERINGS REGISTRATION

By Senator(s) SAKAMOTO

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

Report Title: Small Business; Financing

Description: Authorizes small companies to raise capital through small corporate offering registration (SCOR), a uniform registration system that allows small companies to obtain equity financing by selling common stock directly to the public. Defines SCOR. Identifies registration form to be utilized by SCOR.

 1-22-99        S Introduced and passed First Reading                      
 1-25-99        S Referred to 1. ECD 2. CPN                                
 1-28-99        S Bill scheduled to be heard by ECD on 02-01-99 at
                  1:30 p.m. in conference room 224
 2- 1-99        S The committee on ECD recommends that the measure be         
                  HELD.
 2- 1-99        S The votes in ECD were as follows: 6 Ayes: Senator(s)        
                  Inouye, Buen, M. Ige, Kawamoto, Taniguchi, Slom;
                  Ayes with reservations: Senator(s) ; none Noes:
                  Senator(s) ; and none Excused: Senator(s)
 1-19-00        S Carried over to 2000 Regular Session.