SB 266-FN (2015): adopting the Uniform Securities Act.

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BibTeX: @misc{bill-2015-sb266, title = {SB 266-FN (2015): adopting the Uniform Securities Act.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2015/sb266}, note = {Accessed 24 Oct. 2026} }

SB 266-FN (2015)

adopting the Uniform Securities Act.

Status: Signed into law
Term: 2015-2016
House committee: Commerce and Consumer Affairs
Senate committee: Commerce
Subject: Miscellaneous
Chapter law: 273

The Story

It was introduced on February 19, 2015 and referred to the Senate Commerce committee. The committee held a public hearing on March 10, 2015. The committee recommended that the Senate pass it with changes (amendment 2015-1033s). The committee's amendment (1033s) was adopted on a voice vote on March 26, 2015, changing the text of the bill. A floor amendment (2015-1106s), offered by Sen. Little, was adopted on a voice vote on March 26, 2015, changing the text of the bill. The committee's amendment (1033s) was rejected on a voice vote on March 26, 2015. On March 26, 2015 the Senate voted to pass it with changes on a roll call 23–0 and ordered it to a third reading. On March 26, 2015 the Senate adopted “Reconsider the following actions taken by this body:Rescind Order to Third Reading,Vote on Ought to Pass with Amendments 1033s and 1106s,Vote on Floor Amendment 1106s,Vote on Committee Amendment 1033s” on a voice vote, on a motion by Sen. Bradley. A floor amendment (2015-1106s), offered by Sen. Little, was adopted again on a voice vote on March 26, 2015, changing the text of the bill. On March 26, 2015 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. It crossed to the House and was referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on April 8, 2015. The committee held work sessions on April 14, 2015, April 21, 2015 and May 14, 2015. The committee met in executive session on May 19, 2015 to vote on its recommendation. The committee held a work session on May 19, 2015. The majority recommended that the House pass it with changes (amendment 2015-1743h), and the minority recommended that the House pass it with changes (amendment 2015-1823h), by a vote of 15–6. The report was placed on the regular calendar. The committee's amendment (1743h) was adopted on a voice vote on June 3, 2015, changing the text of the bill. On June 3, 2015 the House voted to pass it with changes on a voice vote. On June 3, 2015 the House adopted “House Accedes to Senate Request for Committee of Conference (Rep Major)” on a voice vote. On June 4, 2015 the Senate voted to reject the other chamber's changes on a voice vote, on a motion by Sen. Prescott. A committee of conference met on June 11, 2015 to try to settle the differences between the two chambers' versions of the bill. The House adopted the conference report (2152c) on a voice vote. The Senate adopted the conference report (2152c) on a voice vote. The bill was enrolled on June 24, 2015 — the final check of the text before it goes to the governor — and an enrolled bill amendment (2015-2364e) was adopted on a voice vote to correct technical errors found after passage. The governor signed it on July 27, 2015, making it Chapter 273 of the session laws. It took effect on January 1, 2016.

Hearings and Sessions

March 10, 2015, 2:00 PM: hearing, Senate Commerce, SH 100
April 8, 2015, 1:15 PM: public hearing, House Commerce and Consumer Affairs, LOB 302
April 14, 2015, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 304
April 21, 2015, 1:00 PM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
May 14, 2015, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
May 19, 2015, 9:30 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 301
May 19, 2015, 1:15 PM: executive session, House Commerce and Consumer Affairs, LOB 302
June 11, 2015, 3:00 PM: committee of conference, LOB 101

Votes

March 26, 2015, Senate: Ought to Pass with Amendment — yeas 23, nays 0, passed
March 26, 2015, Senate: Reconsider the following actions taken by this body:Rescind Order to Third Reading,Vote on Ought to Pass with Amendments 1033s and 1106s,Vote on Floor Amendment 1106s,Vote on Committee Amendment 1033s — voice vote, passed
March 26, 2015, Senate: Ought to Pass with Amendment 1106s — voice vote, passed
June 3, 2015, House: Ought to Pass with Amendment #1743h — voice vote, passed
June 3, 2015, House: House Accedes to Senate Request for Committee of Conference (Rep Major) — voice vote, passed
June 4, 2015, Senate: Nonconcur with House Amendment #1743h; Requests C of C — voice vote, passed
June 24, 2015, House: Adopt Conference Committee Report — voice vote, passed
June 24, 2015, Senate: Adopt Conference Committee Report — voice vote, passed

The Docket

February 19, 2015: Introduced and Referred to Commerce
March 10, 2015: Hearing: 3/10/15, Room 100, SH, 2:00 p.m.; SC12
March 19, 2015: Committee Report: Ought to Pass with Amendment #2015-1033s, 3/26/15; SC14
March 25, 2015: Introduced and Referred to Commerce and Consumer Affairs (in recess of 3/25/2015)
March 26, 2015: Committee Amendment 1033s, AA, VV
March 26, 2015: Sen. Little Floor Amendment #2015-1106s, AA, VV
March 26, 2015: Ought to Pass with Amendments 1033s and 1106s, RC 23Y-0N, MA; OT3rdg
March 26, 2015: Sen. Bradley Moved to Reconsider the following actions taken by this body:Rescind Order to Third Reading,Vote on Ought to Pass with Amendments 1033s and 1106s,Vote on Floor Amendment 1106s,Vote on Committee Amendment 1033s, MA, VV
March 26, 2015: Committee Amendment 1033s, AF, VV
March 26, 2015: Sen. Little Floor Amendment #2015-1106s, AA, VV
March 26, 2015: Ought to Pass with Amendment 1106s, MA, VV; OT3rdg
April 8, 2015: Public Hearing: 4/8/2015 1:15 PM LOB 302
April 14, 2015: Subcommittee Work Session: 4/14/2015 10:00 AM LOB 304
April 21, 2015: Subcommittee Work Session: 4/21/2015 1:00 PM LOB 302
April 30, 2015: Subcommittee Work Session: 4/30/2015 1:30 PM LOB 302
April 30, 2015: ===CANCELLED=== Work Session: 4/30/2015 1:30 PM LOB 302
May 14, 2015: Subcommittee Work Session: 5/14/2015 10:00 AM LOB 302
May 19, 2015: Executive Session: 5/19/2015 1:15 PM LOB 302
May 19, 2015: Subcommittee Work Session: 5/19/2015 9:30 AM LOB 301
May 21, 2015: Majority Committee Report: Ought to Pass with Amendment #2015-1743h for Jun 3 (Vote 15-6; RC)
May 21, 2015: Minority Committee Report: Ought to Pass with Amendment #2015-1823h
June 3, 2015: Amendment #1743h: AA VV
June 3, 2015: Ought to Pass with Amendment #1743h: MA VV
June 3, 2015: House Accedes to Senate Request for Committee of Conference (Rep Major): MA VV (in recess of 6/3/2015)
June 4, 2015: Sen. Prescott Moved Nonconcur with House Amendment #1743h; Requests C of C, MA, VV
June 4, 2015: President Appoints: Senators Bradley, Little, and Pierce
June 10, 2015: Speaker Appoints: Reps Hunt, Jones, Biggie, Williams (in recess of 6/3/2015)
June 11, 2015: Committee of Conference Meeting: 6/11/2015, 3:00 p.m., Room 101, LOB
June 17, 2015: Conference Committee Report #2015-2152CofC Filed; House Amendment + New Amendment
June 24, 2015: Conference Committee Report 2152c: Adopted, VV
June 24, 2015: Conference Committee Report 2152c; Adopted, VV
June 24, 2015: Enrolled Bill Amendment #2015-2364e: AA VV (in recess of 6/24/2015)
June 24, 2015: Enrolled Bill Amendment #2015-2364e Adopted, VV, (In recess of 06/24/2015)
June 24, 2015: Enrolled (in recess of 6/24/2015)
June 24, 2015: Enrolled (In recess 6/24/2015)
July 27, 2015: Signed by the Governor on 07/27/2015; Chapter 0273; Effective 01/01/2016

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