CS/CS/HB 311 -  Securities

General Bill by Commerce Committee and Insurance & Banking Subcommittee and Barnaby (CO-SPONSORS) López, J.
Securities: Revises list of securities & transactions that are exempt from registration requirements; authorizes issuer to engage in general advertising & solicitation; removes requirements for escrow agreement; revises amount that may be received for sales of certain securities; provides certain sales are voidable within specified timeframe; specifies limitation on amount of cash & other consideration that may be received from sales of securities; prohibits issuer from accepting more than specified amount from single purchaser; prohibits issuer from withdrawing any amount of offering proceeds until target offering amount has been received; provides that certain communications are not deemed to constitute general solicitation or general advertising.
Effective Date: October 1, 2024
Last Event: Laid on Table on Monday, March 4, 2024 2:55 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 532 Subject: Securities Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 3/12/2024 2:15:04 PM
Chamber: House Committee: Commerce Committee 1/31/2024 7:15:19 PM
Chamber: House Committee: Commerce Committee 1/26/2024 5:35:18 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/19/2024 6:09:39 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/16/2024 6:48:09 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/10/2024 8:41:36 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table Time: 03/04/2024 - 2:55 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 02/29/2024 - 8:21 PM Member: Committee: Version: c2
Event: H Temporarily postponed, on 2nd Reading Time: 02/29/2024 - 3:32 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (2/29/2024) Time: 02/26/2024 - 7:07 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 02/02/2024 - 6:24 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 02/02/2024 - 6:24 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 02/01/2024 - 8:51 PM Member: Committee: Version: c2
Event: H CS Filed Time: 02/01/2024 - 10:15 AM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.18(a) Time: 02/01/2024 - 10:15 AM Member: Committee: Version: c1
Event: H Reported out of Commerce Committee Time: 01/31/2024 - 7:16 PM Member: Committee: Commerce Committee Version: c1
Event: H Favorable with CS by Commerce Committee Time: 01/30/2024 - 2:48 PM Member: Committee: Commerce Committee Version: c1
Event: H Added to Commerce Committee agenda Time: 01/26/2024 - 3:59 PM Member: Committee: Commerce Committee Version: c1
Event: H 1st Reading Time: 01/22/2024 - 4:46 PM Member: Committee: Version: c1
Event: H Now in Commerce Committee Time: 01/22/2024 - 12:45 PM Member: Committee: Commerce Committee Version: c1
Event: H Referred to Commerce Committee Time: 01/22/2024 - 12:45 PM Member: Committee: Commerce Committee Version: c1
Event: H CS Filed Time: 01/19/2024 - 6:20 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 01/19/2024 - 6:20 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 01/19/2024 - 6:11 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 01/18/2024 - 2:01 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H PCS added to Insurance & Banking Subcommittee agenda Time: 01/16/2024 - 3:56 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/09/2024 - 11:31 PM Member: Committee: Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 01/09/2024 - 4:02 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 11/13/2023 - 2:21 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 11/13/2023 - 2:21 PM Member: Committee: Commerce Committee Version: __
Event: H Referred to State Administration & Technology Appropriations Subcommittee Time: 11/13/2023 - 2:21 PM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 11/13/2023 - 2:21 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 11/01/2023 - 11:02 AM Member: Barnaby Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
517.021 CS/CS/SB 532
517.051 CS/CS/SB 532
517.061 CS/CS/SB 532
517.0611 CS/CS/SB 532
517.0612 CS/CS/SB 532
517.0613 CS/CS/SB 532
517.0614 CS/CS/SB 532
517.0615 CS/CS/SB 532
517.0616 CS/CS/SB 532
517.072 CS/CS/SB 532
517.081 CS/CS/SB 532
517.101 CS/CS/SB 532
517.12 CS/CS/SB 532
517.1201 CS/CS/SB 532
517.1202 CS/CS/SB 532
517.131 CS/CS/SB 532
517.141 CS/CS/SB 532
517.191 CS/CS/SB 532, SB 1502, CS/CS/HB 1549*, CS/SB 1640, HB 7089
517.211 CS/CS/SB 532
517.221 CS/CS/SB 532
517.241 CS/CS/SB 532
517.301 CS/CS/SB 532
517.302 CS/CS/SB 532
517.311 CS/CS/SB 532
517.312 CS/CS/SB 532

(*) Not the latest version