HB990: Pyramid promotional schemes; definition thereof, penalty.

Chief Patron

Rob Bell (R-58)
Charlottesville, VA
Served: 2002–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

04/02/2008: signed by governor

View Entire History

01/08/2008 Committee
01/08/2008 Prefiled and ordered printed; offered 01/09/08 080325432
01/08/2008 Referred to Committee for Courts of Justice
01/16/2008 Assigned Courts sub: Criminal
01/21/2008 Impact statement from DPB (HB990)
02/08/2008 Reported from Courts of Justice with substitute (22-Y 0-N) (see vote tally)
02/09/2008 Committee substitute printed 080871432-H1
02/09/2008 Read first time
02/11/2008 Read second time
02/11/2008 Committee substitute agreed to 080871432-H1
02/11/2008 Engrossed by House - committee substitute HB990H1
02/12/2008 Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/12/2008 VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/12/2008 Communicated to Senate
02/13/2008 Constitutional reading dispensed
02/13/2008 Referred to Committee for Courts of Justice
02/20/2008 Impact statement from DPB (HB990H1)
02/28/2008 Reported from Courts of Justice with substitute (15-Y 0-N) (see vote tally)
02/29/2008 Committee substitute printed 080912432-S1
03/03/2008 Constitutional reading dispensed (40-Y 0-N) (see vote tally)
03/04/2008 Read third time
03/04/2008 Reading of substitute waived
03/04/2008 Committee substitute agreed to 080912432-S1
03/04/2008 Engrossed by Senate - committee substitute HB990S1
03/04/2008 Passed Senate with substitute (40-Y 0-N) (see vote tally)
03/05/2008 VOTE: --- ADOPTION (0-Y 98-N) (see vote tally)
03/05/2008 Placed on Calendar
03/05/2008 Senate substitute rejected by House (0-Y 98-N)
03/05/2008 VOTE: --- REJECTED (0-Y 98-N) (see vote tally)
03/06/2008 Senate insisted on substitute (39-Y 0-N) (see vote tally)
03/06/2008 Senate requested conference committee
03/06/2008 House acceded to request
03/06/2008 Conferees appointed by Senate
03/06/2008 Senators: Reynolds, Lucas, Puller
03/06/2008 Conferees appointed by House
03/06/2008 Delegates: Bell, Peace, Valentine
03/07/2008 Conference substitute printed 080361432-H2
03/07/2008 Reading of conference report waived
03/07/2008 Conference report agreed to by Senate (40-Y 0-N) (see vote tally)
03/07/2008 Conference report agreed to by House (96-Y 0-N)
03/07/2008 VOTE: --- ADOPTION (96-Y 0-N) (see vote tally)
03/24/2008 Enrolled
03/24/2008 Bill text as passed House and Senate (HB990ER)
03/24/2008 Signed by Speaker
03/26/2008 Impact statement from DPB (HB990ER)
03/26/2008 Signed by President
04/02/2008 G Approved by Governor-Chapter 791 (effective 7/1/08)

Summary

Definition of pyramid promotional schemes; penalty. Clearly defines activities described as "pyramid promotional schemes" and punishes any person who establishes, promotes, operates, or participates in any pyramid promotional scheme with a Class 1 misdemeanor penalty. Currently, participation in such a scheme is not a crime.

View Full Text »