{"id":9362,"date":"2013-11-06T08:57:53","date_gmt":"2013-11-06T12:57:53","guid":{"rendered":"http:\/\/blogs.mml.org\/wp\/inside208\/?p=2464"},"modified":"2013-11-06T08:57:53","modified_gmt":"2013-11-06T12:57:53","slug":"crowdfunding-legislation-passes-house","status":"publish","type":"post","link":"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/","title":{"rendered":"Crowdfunding Legislation Passes House!"},"content":{"rendered":"<p>The Michigan House of Representatives passed the <a href=\"http:\/\/blogs.mml.org\/wp\/inside208\/2013\/10\/16\/house-commerce-committee-takes-testimony-on-crowdfunding-legislation\/\" target=\"_blank\" rel=\"noopener\">crowdfunding<\/a> legislation, <a href=\"http:\/\/legislature.mi.gov\/(S(d10kmyypcbgxqqz2mn0f2k55))\/mileg.aspx?page=getObject&amp;objectName=2013-HB-4996\" target=\"_blank\" rel=\"noopener\">HB 4996<\/a>, with 108 yes votes and 0 no votes!\u00a0 It moves one step closer to full passage and assisting a segment of our economy that will prove to be huge economic drivers, those new small businesses and those wishing to expand.<\/p>\n<p>HB 4996, a creative approach to economic development, will allow the sales of securities to an unlimited number of non-accredited investors, provided the issuer registers with the State of Michigan.\u00a0 Any Michiganders who do not fit the federal definition of an accredited investor are given the opportunity to support their local entrepreneurs, existing small businesses, and real estate investments.<\/p>\n<p><em>Nikki Brown is a legislative associate for the League handling economic development issues.\u00a0 She can be reached at nbrown@mml.org or 517-908-0305.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Michigan House of Representatives passed the crowdfunding legislation, HB 4996, with 108 yes votes and 0 no votes!\u00a0 It moves one step closer to full passage and assisting a segment of our economy that will prove to be huge economic drivers, those new small businesses and those wishing to  [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-9362","post","type-post","status-publish","format-standard","hentry","category-uncategorized","mml-onemagnify-plugin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crowdfunding Legislation Passes House! - Inside 208<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crowdfunding Legislation Passes House! - Inside 208\" \/>\n<meta property=\"og:description\" content=\"The Michigan House of Representatives passed the crowdfunding legislation, HB 4996, with 108 yes votes and 0 no votes!\u00a0 It moves one step closer to full passage and assisting a segment of our economy that will prove to be huge economic drivers, those new small businesses and those wishing to [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/\" \/>\n<meta property=\"og:site_name\" content=\"Inside 208\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/MMLeague\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-06T12:57:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mml.org\/inside208\/wp-content\/uploads\/sites\/3\/2025\/10\/Inside-208-Site-Image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dene Westbrook\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@MMLeague\" \/>\n<meta name=\"twitter:site\" content=\"@MMLeague\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dene Westbrook\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/\"},\"author\":{\"name\":\"Dene Westbrook\",\"@id\":\"https:\/\/mml.org\/inside208\/#\/schema\/person\/15aed4510ea6fe39f324094edb06c88c\"},\"headline\":\"Crowdfunding Legislation Passes House!\",\"datePublished\":\"2013-11-06T12:57:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/\"},\"wordCount\":137,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mml.org\/inside208\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/\",\"url\":\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/\",\"name\":\"Crowdfunding Legislation Passes House! - Inside 208\",\"isPartOf\":{\"@id\":\"https:\/\/mml.org\/inside208\/#website\"},\"datePublished\":\"2013-11-06T12:57:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mml.org\/inside208\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crowdfunding Legislation Passes House!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mml.org\/inside208\/#website\",\"url\":\"https:\/\/mml.org\/inside208\/\",\"name\":\"Michigan Municipal League - Inside 208\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/mml.org\/inside208\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mml.org\/inside208\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/mml.org\/inside208\/#organization\",\"name\":\"Michigan Municipal League\",\"url\":\"https:\/\/mml.org\/inside208\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mml.org\/inside208\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mml.org\/inside208\/wp-content\/uploads\/sites\/3\/2023\/01\/mml-logo-square-e1673462978850.jpg\",\"contentUrl\":\"https:\/\/mml.org\/inside208\/wp-content\/uploads\/sites\/3\/2023\/01\/mml-logo-square-e1673462978850.jpg\",\"width\":600,\"height\":303,\"caption\":\"Michigan Municipal League\"},\"image\":{\"@id\":\"https:\/\/mml.org\/inside208\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/facebook.com\/MMLeague\",\"https:\/\/x.com\/MMLeague\",\"https:\/\/www.linkedin.com\/company\/mmleague\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/mml.org\/inside208\/#\/schema\/person\/15aed4510ea6fe39f324094edb06c88c\",\"name\":\"Dene Westbrook\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mml.org\/inside208\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d4721eb8effd8cf177fa62c157e667f61896ad872ae6a223a223ce1b260d8b8d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d4721eb8effd8cf177fa62c157e667f61896ad872ae6a223a223ce1b260d8b8d?s=96&d=mm&r=g\",\"caption\":\"Dene Westbrook\"},\"sameAs\":[\"https:\/\/mml.org\"],\"url\":\"https:\/\/mml.org\/inside208\/author\/mmldev1\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Crowdfunding Legislation Passes House! - Inside 208","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/","og_locale":"en_US","og_type":"article","og_title":"Crowdfunding Legislation Passes House! - Inside 208","og_description":"The Michigan House of Representatives passed the crowdfunding legislation, HB 4996, with 108 yes votes and 0 no votes!\u00a0 It moves one step closer to full passage and assisting a segment of our economy that will prove to be huge economic drivers, those new small businesses and those wishing to [...]","og_url":"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/","og_site_name":"Inside 208","article_publisher":"https:\/\/facebook.com\/MMLeague","article_published_time":"2013-11-06T12:57:53+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/mml.org\/inside208\/wp-content\/uploads\/sites\/3\/2025\/10\/Inside-208-Site-Image.png","type":"image\/png"}],"author":"Dene Westbrook","twitter_card":"summary_large_image","twitter_creator":"@MMLeague","twitter_site":"@MMLeague","twitter_misc":{"Written by":"Dene Westbrook","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/#article","isPartOf":{"@id":"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/"},"author":{"name":"Dene Westbrook","@id":"https:\/\/mml.org\/inside208\/#\/schema\/person\/15aed4510ea6fe39f324094edb06c88c"},"headline":"Crowdfunding Legislation Passes House!","datePublished":"2013-11-06T12:57:53+00:00","mainEntityOfPage":{"@id":"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/"},"wordCount":137,"commentCount":0,"publisher":{"@id":"https:\/\/mml.org\/inside208\/#organization"},"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/","url":"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/","name":"Crowdfunding Legislation Passes House! - Inside 208","isPartOf":{"@id":"https:\/\/mml.org\/inside208\/#website"},"datePublished":"2013-11-06T12:57:53+00:00","breadcrumb":{"@id":"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/mml.org\/inside208\/2013\/11\/06\/crowdfunding-legislation-passes-house\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mml.org\/inside208\/"},{"@type":"ListItem","position":2,"name":"Crowdfunding Legislation Passes House!"}]},{"@type":"WebSite","@id":"https:\/\/mml.org\/inside208\/#website","url":"https:\/\/mml.org\/inside208\/","name":"Michigan Municipal League - Inside 208","description":"","publisher":{"@id":"https:\/\/mml.org\/inside208\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mml.org\/inside208\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/mml.org\/inside208\/#organization","name":"Michigan Municipal League","url":"https:\/\/mml.org\/inside208\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mml.org\/inside208\/#\/schema\/logo\/image\/","url":"https:\/\/mml.org\/inside208\/wp-content\/uploads\/sites\/3\/2023\/01\/mml-logo-square-e1673462978850.jpg","contentUrl":"https:\/\/mml.org\/inside208\/wp-content\/uploads\/sites\/3\/2023\/01\/mml-logo-square-e1673462978850.jpg","width":600,"height":303,"caption":"Michigan Municipal League"},"image":{"@id":"https:\/\/mml.org\/inside208\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/MMLeague","https:\/\/x.com\/MMLeague","https:\/\/www.linkedin.com\/company\/mmleague\/"]},{"@type":"Person","@id":"https:\/\/mml.org\/inside208\/#\/schema\/person\/15aed4510ea6fe39f324094edb06c88c","name":"Dene Westbrook","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mml.org\/inside208\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d4721eb8effd8cf177fa62c157e667f61896ad872ae6a223a223ce1b260d8b8d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d4721eb8effd8cf177fa62c157e667f61896ad872ae6a223a223ce1b260d8b8d?s=96&d=mm&r=g","caption":"Dene Westbrook"},"sameAs":["https:\/\/mml.org"],"url":"https:\/\/mml.org\/inside208\/author\/mmldev1\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mml.org\/inside208\/wp-json\/wp\/v2\/posts\/9362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mml.org\/inside208\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mml.org\/inside208\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mml.org\/inside208\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mml.org\/inside208\/wp-json\/wp\/v2\/comments?post=9362"}],"version-history":[{"count":0,"href":"https:\/\/mml.org\/inside208\/wp-json\/wp\/v2\/posts\/9362\/revisions"}],"wp:attachment":[{"href":"https:\/\/mml.org\/inside208\/wp-json\/wp\/v2\/media?parent=9362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mml.org\/inside208\/wp-json\/wp\/v2\/categories?post=9362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mml.org\/inside208\/wp-json\/wp\/v2\/tags?post=9362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}