| Last Action | 04/11/23: Vetoed |
|---|---|
| Title | AN ACT relating to investment advisers. |
| Bill Documents |
Current/Final
Introduced |
| Bill Request Number | 1127 |
| Sponsors | C. McDaniel, M. Deneen |
| Summary of Original Version | Amend KRS 292.330 to establish registration exemptions for investment advisers; create a new section of KRS Chapter 292 to establish a registration exemption for private fund advisers; establish requirements for the exemption; direct where filings shall be made; require investment advisers to comply with registration requirements within 90 days of becoming ineligible for exemption; permit the commissioner of the Department of Financial Institutions to waive certain provisions. |
| Index Headings of Original Version |
Licensing - Investment advisers, registration exemptions Securities - Investment advisers, registration exemptions State Agencies - Department of Financial Institutions, private fund advisers, regulation Public Protection - Private fund advisers, regulation |
| Jump to Proposed Amendments |
Senate Committee Substitute 1 House Floor Amendment 1 House Floor Amendment 2 House Floor Amendment 3 House Floor Amendment 4 |
| Votes | Vote History |
| Governor's Veto Message | Veto |
| 02/10/23 |
|
|---|---|
| 02/14/23 |
|
| 02/28/23 |
|
| 03/01/23 |
|
| 03/03/23 |
|
| 03/07/23 |
|
| 03/13/23 |
|
| 03/14/23 |
|
| 03/15/23 |
|
| 03/16/23 |
|
| 03/29/23 |
|
| 03/30/23 |
|
| 04/11/23 |
|
| Amendment | Senate Committee Substitute 1 |
|---|---|
| Summary | Retain original provisions, except restore existing law relating to exemption of investment advisers with no place of business in this state. |
| Index Headings |
Licensing - Investment advisers, registration exemptions Securities - Investment advisers, registration exemptions |
| Amendment | House Floor Amendment 1 |
|---|---|
| Sponsor | S. Rudy |
| Summary | Delete exemption for investment advisers that do not have more than five clients in this state. |
| Index Headings |
Licensing - Investment advisers, registration exemptions Securities - Investment advisers, registration exemptions |
| Amendment | House Floor Amendment 2 |
|---|---|
| Sponsor | S. Rudy |
| Summary | Delete original provisions; create new sections of KRS Chapter 147A to enable the Department for Local Government to enter a partnership with the Kentucky Council of Area Development Districts to create and administer the Government Resources Accelerating Needed Transformation Program; define terms; require the Department for Local Government in partnership with the Kentucky Council of Area Development Districts to create and administer the program; establish the duties of the Department for Local Government and the Kentucky Council of Area Development Districts in the implementation of the program; establish a sunset provision of December 31, 2026; establish requirements for grant applications; create a fund for the program; establish project evaluation and scoring requirements; establish program reporting requirements; cite as the Government Resources Accelerating NeededTransformation Act; APPROPRIATION. |
| Index Headings |
Economic Development - Government Resources Accelerating Needed Transformation Program, eligible use Local Government - Government Resources Accelerating Needed Transformation Program, eligible use Property - Government Resources Accelerating Needed Transformation Program, eligible use Public Buildings and Grounds - Government Resources Accelerating Needed Transformation Program, eligible use Public Health - Government Resources Accelerating Needed Transformation Program, eligible use Public Utilities - Government Resources Accelerating Needed Transformation Program, eligible use Sewer Systems - Government Resources Accelerating Needed Transformation Program, eligible use State Agencies - Government Resources Accelerating Needed Transformation Program, eligible use Telecommunications - Government Resources Accelerating Needed Transformation Program, eligible use Short Titles and Popular Names - Government Resources Accelerating Needed Transformation Act Workforce - Government Resources Accelerating Needed Transformation Program, eligible use Transportation - Government Resources Accelerating Needed Transformation Program, eligible use Water Supply - Government Resources Accelerating Needed Transformation Program, eligible use Waterways and Dams - Government Resources Accelerating Needed Transformation Program, eligible use Unified Local Governments - Government Resources Accelerating Needed Transformation Program, eligible use Appropriations - Government Resources Accelerating Needed Transformation Program Area Development Districts - Government Resources Accelerating Needed Transformation Program, eligible use Cities - Government Resources Accelerating Needed Transformation Program, eligible use Counties - Government Resources Accelerating Needed Transformation Program, eligible use |
| Amendment | House Floor Amendment 3 |
|---|---|
| Sponsor | S. Rudy |
| Summary | Create new sections of KRS Chapter 147A to enable the Department for Local Government to enter a partnership with the Kentucky Council of Area Development Districts to create and administer the Government Resources Accelerating Needed Transformation Program; define terms; require the Department for Local Government in partnership with the Kentucky Council of Area Development Districts to create and administer the program; establish the duties of the Department for Local Government and the Kentucky Council of Area Development Districts in the implementation of the program; establish a sunset provision of December 31, 2026; establish requirements for grant applications; create a fund for the program; establish project evaluation and scoring requirements; establish program reporting requirements; cite as the Government Resources Accelerating Needed Transformation Act; APPROPRIATION. |
| Index Headings |
Economic Development - Government Resources Accelerating Needed Transformation Program, eligible use Local Government - Government Resources Accelerating Needed Transformation Program, eligible use Property - Government Resources Accelerating Needed Transformation Program, eligible use Public Buildings and Grounds - Government Resources Accelerating Needed Transformation Program, eligible use Public Health - Government Resources Accelerating Needed Transformation Program, eligible use Public Utilities - Government Resources Accelerating Needed Transformation Program, eligible use Sewer Systems - Government Resources Accelerating Needed Transformation Program, eligible use State Agencies - Government Resources Accelerating Needed Transformation Program, eligible use Telecommunications - Government Resources Accelerating Needed Transformation Program, eligible use Short Titles and Popular Names - Government Resources Accelerating Needed Transformation Act Workforce - Government Resources Accelerating Needed Transformation Program, eligible use Transportation - Government Resources Accelerating Needed Transformation Program, eligible use Water Supply - Government Resources Accelerating Needed Transformation Program, eligible use Waterways and Dams - Government Resources Accelerating Needed Transformation Program, eligible use Unified Local Governments - Government Resources Accelerating Needed Transformation Program, eligible use Appropriations - Government Resources Accelerating Needed Transformation Program Area Development Districts - Government Resources Accelerating Needed Transformation Program, eligible use Cities - Government Resources Accelerating Needed Transformation Program, eligible use Counties - Government Resources Accelerating Needed Transformation Program, eligible use |
| Amendment | House Floor Amendment 4 |
|---|---|
| Sponsor | S. Rudy |
| Summary | Make title amendment. |
| Index Headings | Title Amendments - SB 109/GA |
Last updated: 11/9/2023 3:03 PM (EST)