Senate Bill 139

Actions
Last Action 04/04/24: signed by Governor (Acts Ch.42)
Title AN ACT relating to investment advisers.
Bill Documents Acts Chapter 42
Current/Final
Introduced
Bill Request Number 1784
Sponsors C. McDaniel, M. Deneen
Summary of Enacted Version Creates a new section of KRS Chapter 292 to establish a registration exemption for private fund advisers, to establish requirements for the exemption, to direct where filings shall be made, to require that investment advisers comply with registration requirements within 90 days of becoming ineligible for exemption, and to permit the commissioner of the Department of Financial Institutions to waive certain provisions; and amends KRS 292.330 to conform and to make technical amendments.
Legislative History
Summary of Original Version 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; amend KRS 292.330 to conform; make technical amendments.
Index Headings of Original Version Licensing - Investment advisers, registration exemption
Securities - Investment advisers, registration exemption
State Agencies - Department of Financial Institutions, private fund advisers, regulation
Technical Corrections - Securities, registration requirements
Public Protection - Private fund advisers, regulation
Votes Vote History

Actions

Top
01/26/24
  • introduced in Senate
  • to Committee on Committees (S)
01/29/24
  • to Banking & Insurance (S)
02/13/24
  • reported favorably, 1st reading, to Calendar
02/14/24
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Friday, February 16, 2024
02/16/24
  • 3rd reading, passed 29-0
02/20/24
  • received in House
  • to Committee on Committees (H)
03/05/24
  • to Banking & Insurance (H)
03/06/24
  • reported favorably, 1st reading, to Calendar
03/07/24
  • 2nd reading, to Rules
03/22/24
  • posted for passage in the Regular Orders of the Day for Monday, March 25, 2024
03/27/24
  • 3rd reading, passed 92-0
  • received in Senate
  • enrolled, signed by President of the Senate
  • enrolled, signed by Speaker of the House
  • delivered to Governor
04/04/24
  • signed by Governor (Acts Ch.42)


Last updated: 9/26/2024 1:37 PM (EDT)