California 1995-1996 Regular Session Status: Introduced

SB 261 — Securities.

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 1995-1996 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

In plain language

The bill amends various provisions related to securities regulations in California.

SB 261 updates California's securities laws by adding new exemptions and altering existing requirements for stock offerings. It includes changes to stock purchase plans, regulatory fees, and the qualification processes for certain transactions.

What this means for you
  • Small Business: This bill may help small businesses by providing clearer exemptions and lowering the minimum stock offering price.

Bill Text

What changed in the latest version

1 added · 1 removed

Plain-language change summary

The amendments to Bill SB 261 include the addition of new language, while some previous text has been removed. This change is important because it clarifies the intent of the bill and ensures that the provisions are easier to understand and implement. These adjustments help lawmakers and the public grasp how the bill will affect the community. Overall, this improves the bill's usability and effectiveness.

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Sponsors

  • Beverly · Cosponsor

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 121 not signed on

Sponsors (0)

None.

Co-sponsors (1)

  • Beverly

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 261?
SB 261 is sponsored by Beverly.
What is the current status of SB 261?
This bill died with 1995-1996 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 261?
Track SB 261 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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