Thursday, July 24, 2008
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Search 2008 Bills:

SB719: Railroad corporations; prohibits foreign control without approval of State Corporation Commission.

Chief Patron

Sen. Toddy Puller (D-36)

Toddy Puller (D-36)
Served: 2000–

Progress

Yes Introduced
No Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

02/04/2008: Failed to Pass in Committee

View Entire History

Summary

Railroad corporations; foreign control.  Prohibits a foreign person or group of persons from acquiring or attempting to acquire control of any railroad that is a public service corporation, or of any person controlling a railroad that is a public service corporation, without the approval of the State Corporation Commission. The Commission shall approve the application if it determines that, after the change in control, the railroad can reasonably be expected to discharge its public service responsibilities and that the change of control would not be inconsistent with the public interest served by the railroad.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 01/17/2008, 02/04/2008 and 02/04/2008.

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Bill Text

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