Florida 2023 Regular Session Status: In Committee 1 R cosponsors

HB 253 — Regulation of Securities

Last action — Laid on Table; companion bill(s) passed, see CS/SB 180 (Ch. 2023-205)

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

This bill died with 2023 Regular Session. It reached “In Committee” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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.

Summary

Regulation of Securities; Revises requirements for registration of securities; requires OFR to deem applications for registration abandoned under certain circumstances; revises grounds on which office may revoke, suspend, or deny registration of securities; specifies office's powers in investigations of issuers; revises methods by which office may enter order suspending issuer's right to sell securities; revises requirements for applying for registration as dealer, associated person of dealer, or investment adviser; provides registration exemptions for private fund advisers; specifies continuing education requirements for associated persons of investment advisers & federal covered advisers; specifies requirements for certain previously registered associated persons; authorizes FSC to establish rules of conduct & prohibited business practices for intermediaries.

Bill Text

We don't have the full text on file for this bill yet.

Read HB 253 on the official Florida source →

Action History

  1. Laid on Table; companion bill(s) passed, see CS/SB 180 (Ch. 2023-205)

  2. Added to Second Reading Calendar

  3. Bill referred to House Calendar

  4. 1st Reading (Committee Substitute 2)

  5. CS Filed

  6. Laid on Table under Rule 7.18(a)

  7. Reported out of Commerce Committee

  8. Favorable with CS by Commerce Committee (Amended)

  9. Added to Commerce Committee agenda

  10. Now in Commerce Committee

  11. Referred to Commerce Committee

  12. Original reference removed: State Administration & Technology Appropriations Subcommittee

  13. 1st Reading (Committee Substitute 1)

  14. CS Filed

  15. Laid on Table under Rule 7.18(a)

  16. Reported out of Insurance & Banking Subcommittee

  17. Favorable with CS by Insurance & Banking Subcommittee

  18. PCS added to Insurance & Banking Subcommittee agenda

  19. 1st Reading (Original Filed Version)

  20. Now in Insurance & Banking Subcommittee

  21. Referred to Commerce Committee

  22. Referred to State Administration & Technology Appropriations Subcommittee

  23. Referred to Insurance & Banking Subcommittee

  24. Filed

Sponsors

  • Benjamin · Cosponsor
  • Webster Barnaby · Primary
  • Insurance & Banking Subcommittee · Primary
  • Commerce Committee · Primary

Sponsorship breakdown

Export CSV (upgrade) →

3 sponsors · 1 co-sponsors · 160 not signed on

Sponsors (3)

  • Barnaby, Webster Republican
  • Insurance & Banking Subcommittee
  • Commerce Committee

Co-sponsors (1)

  • Benjamin

Not signed on (160)

160 members have not signed on to this bill.

Show all 160 →

"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

Votes

Favorable With Committee Substitute (Commerce Committee)

Passed 15 Yea · 0 Nay · 7 Other
Party YeaNayPresentNot Voting
Democrat 1005
Republican 12001
Unaffiliated 2001
Total 15007
% of votes cast 68%0%0%32%
How each member voted (22)
Member Party Vote
Benjamin — Not Voting
Rommel — Yea
Rudman — Yea
Antone, Bruce Hadley Democrat Not Voting
Arrington, Kristen Aston Democrat Not Voting
Daniels, Kimberly Democrat Yea
Harris, Jennifer "Rita" Democrat Not Voting
Joseph, Dotie Democrat Not Voting
Tant, Allison Democrat Not Voting
Barnaby, Webster Republican Yea
Borrero, David Republican Yea
Duggan, Wyman Republican Yea
Giallombardo, Mike Republican Yea
LaMarca, Chip Republican Yea
Leek, Thomas J. "Tom" Republican Not Voting
Maney, Patt Republican Yea
Melo, Lauren Republican Yea
Overdorf, Tobin Rogers "Toby" Republican Yea
Sirois, Tyler I. Republican Yea
Steele, Kevin M. Republican Yea
Tramont, Chase Republican Yea
Yeager, Bradford Troy "Brad" Republican Yea

Official roll call →

Favorable With Amendment(s) (Insurance & Banking Subcommittee)

Passed 18 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 10000
Unaffiliated 4000
Democrat 4000
Total 18000
% of votes cast 100%0%0%0%
How each member voted (18)
Member Party Vote
Benjamin — Yea
Rudman — Yea
Stevenson — Yea
Temple — Yea
Franklin II, Gallop Democrat Yea
Hunschofsky, Christine Democrat Yea
Tant, Allison Democrat Yea
Woodson, Marie Paule Democrat Yea
Anderson, Adam Republican Yea
Borrero, David Republican Yea
Botana, Adam Republican Yea
Canady, Jennifer Republican Yea
Duggan, Wyman Republican Yea
Fabricio, Tom Republican Yea
Griffitts Jr., Philip Wayne "Griff" Republican Yea
Plakon, Rachel Saunders Republican Yea
Steele, Kevin M. Republican Yea
Tramont, Chase Republican Yea

Official roll call →

Subjects

finance
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Frequently asked questions

What does HB 253 do?
Regulation of Securities; Revises requirements for registration of securities; requires OFR to deem applications for registration abandoned under certain circumstances; revises grounds on which office may revoke, suspend, or deny registration of securities; specifies office's powers in investigations of issuers; revises methods by which office may enter order suspending issuer's right to sell securities; revises requirements for applying for registration as dealer, associated person of dealer, or investment adviser; provides registration exemptions for private fund advisers; specifies continuing education requirements for associated persons of investment advisers & federal covered advisers; specifies requirements for certain previously registered associated persons; authorizes FSC to establish rules of conduct & prohibited business practices for intermediaries.
Who sponsors HB 253?
HB 253 is sponsored by Benjamin, Barnaby, Webster (Republican), Insurance & Banking Subcommittee, and Commerce Committee.
What is the current status of HB 253?
This bill died with 2023 Regular Session. It reached “In Committee” 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 HB 253?
Track HB 253 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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