2009 Regular Session

SENATE BILL 684

CHAPTER NUMBER: 301
EMERGENCY BILL File Code: Corporations and Associations Crossfiled with: HOUSE BILL 571
Sponsored By:
Senators Kramer, Astle, DeGrange, Della, Forehand, Jones, Kelley, Klausmeier, Lenett, Madaleno, Pinsky, Pugh, Robey, Rosapepe, Zirkin, Brochin, Haines, Jacobs, Raskin, Muse, Simonaire, and Stone
Entitled:
Senior Investment Protection Act

Synopsis:

Prohibiting a person from using a senior or retiree credential or designation to mislead a person in connection with the offer, sale, or purchase of securities, in connection with receiving consideration from another person for advising the other person as to the value, purchase, or sale of securities, or in connection with acting as a broker-dealer, agent, investment advisor, or investment advisor representative; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/6
First Reading Judicial Proceedings
2/11
Hearing 2/26 at 1:00 p.m.
3/23
Favorable with Amendments Report by Judicial Proceedings
3/25
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/27
Third Reading Passed (46-0)
4/6
Senate Concur - House Amendments
Third Reading Passed (47-0)
Passed Enrolled
House Action
3/24
First Reading Economic Matters
3/31
Hearing 4/8 at 1:00 p.m.
4/9
Favorable with Amendments Report by Economic Matters
4/3
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed with Amendments (133-2)
Action after passage in Senate and House
5/7
Approved by the Governor
- Chapter 301

Sponsored by:

Senator Rona E. Kramer, District 14
Senator John C. Astle, District 30
Senator James Brochin, District 42
Senator James E. DeGrange, Sr., District 32
Senator George W. Della, Jr., District 46
Senator Jennie M. Forehand, District 17
Senator Larry E. Haines, District 5
Senator Nancy Jacobs, District 34
Senator Verna L. Jones, District 44
Senator Delores G. Kelley, District 10
Senator Katherine Klausmeier, District 8
Senator Mike Lenett, District 19
Senator Richard S. Madaleno, Jr., District 18
Senator C. Anthony Muse, District 26
Senator Paul G. Pinsky, District 22
Senator Catherine E. Pugh, District 40
Senator Jamie Raskin, District 20
Senator James N. Robey, District 13
Senator Jim Rosapepe, District 21
Senator Bryan W. Simonaire, District 31
Senator Norman R. Stone, Jr., District 6
Senator Bobby A. Zirkin, District 11

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Advertising
Agents and Brokers
Consumer Protection -see also- Unfair Trade Practices
Elderly Persons
Ethics
Fraud -see also- Forgery
Investments -see also- Securities
Penalties
Registration -see also- Motor Vehicle Registration
Rules and Regulations
Securities

Bill affects the following Statutes:

Corporations and Associations
( 11-302 , 11-305 , 11-412 , 11-705 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
Senate
Number: 428075/01     Offered on: March 25, 2009   at: 1:27 p.m.     Status: Adopted
House
Number: 303894/01     Offered on: April 9, 2009   at: 10:46 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 27, 2009: Third Reading Passed (46-0)
April 6, 2009: Third Reading Passed (47-0)
House
April 4, 2009: Third Reading Passed (133-2)