---
type: "Bill"
title: "An Act relating to securities, registration, exempt securities, exempt transactions, broker-dealers, agents, investment advice, investment advisers, investment adviser representatives, federal covered securities, federal covered investment advisers, viatical settlement interests, small intrastate security offerings, Canadian broker-dealers, and Canadian agents; relating to protecting older and vulnerable adults from financial exploitation; relating to administrative, civil, and criminal enforcement provisions, including restitution and civil penalties for violations; relating to an investor training fund; establishing increased civil penalties for harming older persons and vulnerable adults; relating to corporations organized under the Alaska Native Claims Settlement Act; amending Rules 4, 5, 54, 65, and 90, Alaska Rules of Civil Procedure, and Rule 602, Alaska Rules of Appellate Procedure; and providing for an effective date."
description: "An Act relating to securities, registration, exempt securities, exempt transactions, broker-dealers, agents, investment advice, investment advisers, investment adviser representatives, federal covered securities, federal covered investment advisers, viatical settlement interests, small intrastate security offerings, Canadian broker-dealers, and Canadian agents; relating to protecting older and vulnerable adults from financial exploitation; relating to administrative, civil, and criminal enforcement provisions, including restitution and civil penalties for violations; relating to an investor training fund; establishing increased civil penalties for harming older persons and vulnerable adults; relating to corporations organized under the Alaska Native Claims Settlement Act; amending Rules 4, 5, 54, 65, and 90, Alaska Rules of Civil Procedure, and Rule 602, Alaska Rules of Appellate Procedure; and providing for an effective date."
jurisdiction: "us/states/ak"
legislature: "Alaska Legislature"
session: "30"
identifier: "HB 170"
citation: "Alaska HB 170 (30)"
classification: ["bill"]
subjects: ["AUDITS", "BUSINESS", "CORPORATIONS", "COURT RULES", "COURTS", "CRIMES", "DEDICATED FUNDS", "FEES", "FINANCIAL INSTITUTIONS", "FUNDS", "INVESTMENTS", "LICENSING", "NATIVE ORGANIZATIONS", "OCCUPATIONS & PROFESSIONS", "SECURITIES", "SENIOR CITIZENS"]
status: "enacted"
primary_sponsors: ["LABOR & COMMERCE"]
version_count: 4
action_count: 54
vote_count: 2
first_action: "2017-03-10"
last_action: "2018-11-07"
source: "openstates"
source_identifier: "ocd-bill/27abbd8e-026b-43a2-a401-c2eb75e82624"
source_url: "https://www.akleg.gov/basis/Bill/Detail/30?Root=HB170"
source_hash: "7bdf4dafddd8b582fc419c74000d6a0c8181ab547c4ae127d627ef5f086e3775"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ak"]
---

# Alaska HB 170 (30) — An Act relating to securities, registration, exempt securities, exempt transactions, broker-dealers, agents, investment advice, investment advisers, investment adviser representatives, federal covered securities, federal covered investment advisers, viatical settlement interests, small intrastate security offerings, Canadian broker-dealers, and Canadian agents; relating to protecting older and vulnerable adults from financial exploitation; relating to administrative, civil, and criminal enforcement provisions, including restitution and civil penalties for violations; relating to an investor training fund; establishing increased civil penalties for harming older persons and vulnerable adults; relating to corporations organized under the Alaska Native Claims Settlement Act; amending Rules 4, 5, 54, 65, and 90, Alaska Rules of Civil Procedure, and Rule 602, Alaska Rules of Appellate Procedure; and providing for an effective date.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **HB0170A** (committee substitute) — [source](https://www.akleg.gov/basis/Bill/Text/30?hsid=HB0170A)
2. **HB0170B** (committee substitute) — [source](https://www.akleg.gov/basis/Bill/Text/30?hsid=HB0170B)
3. **HB0170C** (committee substitute) — [source](https://www.akleg.gov/basis/Bill/Text/30?hsid=HB0170C)
4. **HB0170Z** (committee substitute) — [source](https://www.akleg.gov/basis/Bill/Text/30?hsid=HB0170Z)

## Votes

- Shall CSHB 170(JUD) pass the House? — **36–1** (pass) · lower
- Shall SENATE CS FOR CS FOR HOUSE BILL NO. 170(L&C) "An Act relating to securities, registration, exempt securities, exempt transactions, broker-dealers, agents, investment advice, investment advisers, investment adviser representatives, federal covered securities, federal covered investment advisers, viatical settlement interests, small intrastate security offerings, Canadian broker-dealers, and Canadian agents; relating to protecting older and vulnerable adults from financial exploitation; relating to administrative, civil, and criminal enforcement provisions, including restitution and civil penalties for violations; relating to an investor 04-24-2018 Senate Journal 2843 training fund; establishing increased civil penalties for harming older persons and vulnerable adults; relating to corporations organized under the Alaska Native Claims Settlement Act; amending Rules 4, 5, 54, 65, and 90, Alaska Rules of Civil Procedure, and Rule 602, Alaska Rules of Appellate Procedure; and providing for an effective date" pass the Senate? — **19–0** (pass) · upper

## Sponsors

- LABOR & COMMERCE — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-03-10** Read the first time - REFERRALS `introduction, reading-1`
- **2017-03-10** L&C, JUD
- **2017-03-29** L&C RPT 6DP 1NR
- **2017-03-29** L&C Do Pass: SULLIVAN-LEONARD, STUTES, WOOL, JOSEPHSON, BIRCH, KITO `committee-passage`
- **2017-03-29** L&C No Recommendation: KNOPP
- **2017-03-29** Fiscal Note 1: No fiscal impact (Commerce, Community & Economic Development)
- **2017-03-29** Fiscal Note 2: No fiscal impact (Health and Social Services)
- **2017-04-13** JUD RPT CS(JUD) NT 1DP 4NR
- **2017-04-13** JUD Do Pass: CLAMAN `committee-passage`
- **2017-04-13** JUD No Recommendation: EASTMAN, KOPP, KREISS-TOMKINS, FANSLER
- **2017-04-13** Fiscal Note 1: No fiscal impact (Commerce, Community & Economic Development)
- **2017-04-13** Fiscal Note 2: No fiscal impact (Health and Social Services)
- **2017-04-16** RULES TO CALENDAR 4/16/2017
- **2017-04-16** Read the second time `reading-2`
- **2017-04-16** JUD CS ADOPTED UC
- **2017-04-16** ADVANCED TO THIRD READING 4/17 CALENDAR
- **2017-04-17** Read the third time CSHB 170(JUD) `reading-3`
- **2017-04-17** PASSED Y36 N1 E3 `passage`
- **2017-04-17** COURT RULE(S) SAME AS PASSAGE
- **2017-04-17** EFFECTIVE DATE(S) SAME AS PASSAGE
- **2017-04-17** TRANSMITTED TO (S)
- **2017-04-17** VERSION: CSHB 170(JUD)
- **2017-05-01** Read the first time - REFERRALS `introduction, reading-1`
- **2017-05-01** L&C, JUD
- **2018-04-15** L&C RPT SCS 2DP 1NR SAME TITLE
- **2018-04-15** L&C Do Pass: COSTELLO, MEYER `committee-passage`
- **2018-04-15** L&C No Recommendation: GARDNER
- **2018-04-15** Fiscal Note 3: No fiscal impact (Commerce, Community & Economic Development)
- **2018-04-15** Fiscal Note 4: No fiscal impact (Health and Social Services)
- **2018-04-19** JUD RPT SCS(L&C) 2DP 3NR
- **2018-04-19** JUD Do Pass: COGHILL, COSTELLO `committee-passage`
- **2018-04-19** JUD No Recommendation: WIELECHOWSKI, KELLY, SHOWER
- **2018-04-19** Fiscal Note 3: No fiscal impact (Commerce, Community & Economic Development)
- **2018-04-19** Fiscal Note 4: No fiscal impact (Health and Social Services)
- **2018-04-23** RULES TO CALENDAR 4/23/2018
- **2018-04-23** NOT TAKEN UP 4/23 - ON 4/24 CALENDAR
- **2018-04-24** Read the second time `reading-2`
- **2018-04-24** L&C SCS ADOPTED UC
- **2018-04-24** ADVANCED TO THIRD READING UC
- **2018-04-24** Read the third time SCS CSHB 170(L&C) `reading-3`
- **2018-04-24** PASSED Y19 N- E1 `passage`
- **2018-04-24** COURT RULE(S) SAME AS PASSAGE
- **2018-04-24** EFFECTIVE DATE(S) SAME AS PASSAGE
- **2018-04-24** TRANSMITTED TO (H) AS AMENDED
- **2018-04-24** VERSION: SCS CSHB 170(L&C)
- **2018-04-26** CONCUR MESSAGE READ AND HELD
- **2018-04-30** CONCUR MESSAGE TAKEN UP
- **2018-04-30** CONCUR AM OF (S) Y33 N4 E2 A1
- **2018-04-30** COURT RULE(S) SAME AS PASSAGE
- **2018-04-30** EFFECTIVE DATE(S) SAME AS PASSAGE
- **2018-06-27** MANIFEST ERROR(S)
- **2018-11-07** 1:33 PM 7/23/18 Transmitted to Governor `executive-receipt`
- **2018-11-07** Signed into law 7/24 CHAPTER 65 SLA 18 `executive-signature`
- **2018-11-07** EFFECTIVE DATE(S) OF LAW SEE CHAPTER

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/27abbd8e-026b-43a2-a401-c2eb75e82624`. Confidence: reported (aggregated from official Alaska legislature records).