SB 227-FN (1993): establishing a revenue-neutral initial public offering exemption for national securities markets and clarifying which securities markets do not qualify for an exemption.
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- “SB 227-FN (1993): establishing a revenue-neutral initial public offering exemption for national securities markets and clarifying which securities markets do not qualify for an exemption.” Granite Record, https://graniterecord.org/bill/1993/sb227. Accessed 24 Oct. 2026.
- APA
- Granite Record. (n.d.). SB 227-FN (1993): establishing a revenue-neutral initial public offering exemption for national securities markets and clarifying which securities markets do not qualify for an exemption. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/1993/sb227
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- Granite Record. “SB 227-FN (1993): establishing a revenue-neutral initial public offering exemption for national securities markets and clarifying which securities markets do not qualify for an exemption.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1993/sb227.
- BibTeX
@misc{bill-1993-sb227, title = {SB 227-FN (1993): establishing a revenue-neutral initial public offering exemption for national securities markets and clarifying which securities markets do not qualify for an exemption.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1993/sb227}, note = {Accessed 24 Oct. 2026} }
SB 227-FN (1993)
establishing a revenue-neutral initial public offering exemption for national securities markets and clarifying which securities markets do not qualify for an exemption.
- Status: Killed
- Term: 1993-1994
- House committee: Commerce, Small Business and Consumer Affairs
- Senate committee: Banks
- Subject: Miscellaneous
The Story
It was introduced on January 7, 1993 and referred to the Senate Banks committee. The committee held a public hearing on February 12, 1993. The committee recommended that the Senate pass it with changes. On February 18, 1993 the Senate voted to pass it with changes on a voice vote. It crossed to the House on March 10, 1993 and was referred to the House Commerce, Small Business and Consumer Affairs committee. The committee held a public hearing on April 7, 1993. The committee held a work session on April 20, 1993. The majority of the committee recommended that the House kill it by a vote of 13–3. On April 29, 1993 the House voted to kill it on a voice vote.
Sponsors
- Sen. Fraser (SD4) (prime sponsor)
Hearings and Sessions
- February 12, 1993, 10:00 AM: hearing, Senate Banks, RM103,LOB
- April 7, 1993, 10:00 AM: hearing, House Commerce, Small Business and Consumer Affairs, RM207,LOB
- April 20, 1993, 10:00 AM: subcommittee work session, House Commerce, Small Business and Consumer Affairs, RM207,LOB
Votes
- February 18, 1993, Senate: Ought to Pass with Amendment — voice vote, passed
- April 29, 1993, House: Inexpedient to Legislate — voice vote, passed
The Docket
- January 7, 1993: INTRODUCED AND REF TO BANKS; SJ2,P35
- February 12, 1993: HEARING FEB12 10:00 RM103,LOB FOR: BANKS
- February 17, 1993: COMM REPORT OTP/AM FEB18
- February 17, 1993: PROP COMM AM<1602>(NEW TITLE); SC14,P7-8
- February 18, 1993: COMM AM, AA VV; PASSED WITH AM VV; SJ7,P97-98 + 135
- March 10, 1993: INTRODUCED AND REF TO COMMERCE; HJ36,P856
- March 11, 1993: IN SEAT POCKET ON 03/10/93 DUE ON 04/14/93
- April 7, 1993: HEARING APR07 10:00 RM207,LOB FOR: COMMERCE
- April 13, 1993: 8 CAL DAY EXT GRANTED (NEW DUE DATE: 4/22/93); HJ56,P1351
- April 20, 1993: SUBCOM WORK SESSION APR20 10:00 RM207,LOB FOR: COMMERCE
- April 22, 1993: MAJ REPORT ITL FOR APR29 (VOTE 13-3)
- April 29, 1993: ITL REPORT ADOPTED VV; HJ64,P1587