Tagged: intrastate

February 5, 2014 @ 11:26 am By Charles Luzar  |  

The State of Washington has been weighing the possibility of implementing an intrastate crowdfunding exemption. The House Business & Financial Services Committee discussed the bill late in January, and we now have the video of that hearing. Representative Cyrus Habib (D-48th) has championed the effort…. Read More

February 2, 2014 @ 11:00 am By Charles Luzar  |  

The Michigan House Republicans shared this image of Governor Rick Snyder ceremonially signing Public Act 264 for 2013 establishing equity crowdfunding in Michigan. For more coverage, look to our previous articles below… Rep. Jenkins Hopes Crowdfunding Bill Will Be “A Real Win-Win For Michigan” A… Read More

January 24, 2014 @ 11:43 am By Charles Luzar  |  

According to Washington’s House Democratic Caucus Communications Specialist Gregory Roberts, a substitute for Washington House Bill 2023 was approved by the Business and Financial Services Committee on Wednesday, bringing it one step closer to a vote. The substitute bill is embedded below. Washington House Bill… Read More

January 24, 2014 @ 9:49 am By Charles Luzar  |  

Yesterday the Alabama State Senate approved a bill that would set into motion an intrastate crowdfunding exemption. The vote was unanimous, 31-0. Crowdfunding legislation continues to garner bipartisan support. The bill now heads to the House where it is already receiving some praise. The Associated Press… Read More

January 21, 2014 @ 12:02 pm By Charles Luzar  |  

In an op-ed published to The Digital Journal today, Maryland State Senate candidate Don Quinn presents his case for an intrastate crowdfunding exemption in his home state. It goes without saying that each small business is more than just a single unit employer. Every small… Read More

January 21, 2014 @ 10:10 am By Charles Luzar  |  

We caught wind of a proposed crowdfunding exemption in the State of Alabama in the fall of 2013. As any regular reader of Crowdfund Insider knows, intrastate crowdfunding exemptions are popping up left and right as of late. Just this week we reported on proposed legislation… Read More

January 19, 2014 @ 2:21 pm By Charles Luzar  |  

I’ve started businesses in Washington. I’ve raised money here and hired folks here. My testimony focused on my entrepreneurial story. I talked about the various businesses I have started, ran, and sold. I talked about my experience raising angel and institutional capital in Seattle very… Read More

January 11, 2014 @ 4:01 pm By Charles Luzar  |  

The State of Maine is the latest state to net a proposal to legalize intrastate crowdfunding. SP 568 and an amendment, LD 1512 (embedded), was proposed by Senator and Maine Senate President Justin Alfond (D-Portland) in the hopes of increasing access to capital for Maine… Read More

December 31, 2013 @ 10:25 am By Charles Luzar  |  

Governor Rick Snyder has signed a Michigan intrastate crowdfunding bill into law according to a news release from his office on Monday. Predictions earlier this year that the bill could become law by the end of the year have come to fruition. Rep. Nancy Jenkins… Read More

December 21, 2013 @ 2:07 pm By Charles Luzar  |  

Some within Michigan political circles were predicting that an intrastate crowdfunding exemption in the state of Michigan could be signed into law by the end of the year. It seems that prediction may come to fruition, as the bill has now been vetted by both… Read More

December 14, 2013 @ 12:54 pm By Charles Luzar  |  

Michigan entrepreneurs and crowdfunding advocates are celebrating momentous news out of the state yesterday. The Michigan intrastate crowdfunding bill championed by State Representative Nancy Jenkins had been unanimously approved in the Senate. It is now headed back to the House for final approval before it… Read More

December 4, 2013 @ 11:19 am By Dan Gilmartin, Dr. Elisabeth Gerber & Chris Miller  |  

What would happen if we could invest in businesses in our own communities? What would happen if that entrepreneur you know could raise the capital needed to start a business from friends and neighbors and investors who are intimately familiar with the project? Michigan citizens… Read More

November 27, 2013 @ 11:00 am By Charles Luzar  |  

A state senator in Alabama is proposing a crowdfunding exemption at the state level that aims to allow Alabama entrepreneurs to crowdfund from Alabama investors. Senator Arthur Orr (R-Decatur) has proposed the bill. State Securities Commissioner Joseph Borg is cited by Senator Orr as being… Read More

November 21, 2013 @ 8:00 am By Charles Luzar  |  

PitchBook just posted footage of a short interview with Wisconsin Governor Scott Walker. This interview took place on the same day that Gov. Walker signed a Wisconsin intrastate crowdfunding exemption into law. The original article on PitchBook’s blog expands upon the legislation and compares it… Read More

November 19, 2013 @ 9:42 am By Charles Luzar  |  

Rep. Nancy Jenkins (R-57) was one of the sponsors of a bill in Michigan aimed at creating an intrastate crowdfunding exemption, enabling Michigan businesses to raise money from non-accredited Michigan investors in equity rounds. In this short video provided by the Michigan House GOP, Rep…. Read More

November 7, 2013 @ 6:00 pm By Charles Luzar  |  

Today Governor Scott Walker signed Rep. David Craig’s CASE (crowdfunding and securities exemptions) for Jobs Act (2013 Wisconsin Act 52) into law, putting Wisconsin in an innovative group of states leading the way in expanding access to small business capital. In response, Rep. Craig (R-Town… Read More

November 7, 2013 @ 10:41 am By Charles Luzar  |  

Michigan legislators are trying to get a state crowdfunding exemption onto the governor’s desk by the end of the year. This week they came one step closer to achieving that goal as the bill passed the house unanimously, continuing a trend of bipartisan support for… Read More

November 6, 2013 @ 10:12 am By Charles Luzar  |  

Real estate is a huge driver of growth in the crowdfunding space, and it plays an important role in furthering crowdfunding’s exposure in the global narrative. Real estate investing can provide a nice balance of safety and return, and these investments are backed by tangible… Read More

November 4, 2013 @ 9:20 am By Charles Luzar  |  

The links in today’s roundup are kind of gloomy, but they do include some interesting and arguably valid concerns about crowdfunding moving forward. Do you think any or all of these concerns are valid? Let us know in the comments. PostCrescent.com | Crowdfunding trend gets… Read More

October 28, 2013 @ 9:50 am By Charles Luzar  |  

Taylor English | Analysis of Crowdfunding Rules Relating to issuers This week we expect many interests in the world of securities to publish their breakdowns of the proposed rules for equity crowdfunding in the United States. We’ll be collecting them throughout the week. Here, law… Read More