University of Virginia; authorizes Bd. of Visitors to invest & manage nongeneral fund reserves, etc. (HB1740)
Introduced By
Del. Bill Fralin (R-Roanoke) with support from co-patron Del. John Welch (R-Virginia Beach)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Board of Visitors of the University of Virginia. Authorizes the board of visitors of the University of Virginia to invest and manage nongeneral fund reserves and balances as well as local funds of or held by the University. Exempts members of the board of visitors from personal liability for losses suffered by investment of nongeneral fund reserves and balances or local funds of or held by the University. The bill also exempts the investment and management of nongeneral fund reserves and balances and local funds of or held by the University from the Virginia Public Procurement Act. Finally, the bill allows the nongeneral fund reserves and balances and local funds of or held by the University to be invested or reinvested in derivatives, options, and financial securities. Read the Bill »
Status
03/19/2007: signed by governor
History
Date | Action |
---|---|
12/22/2006 | Committee |
12/22/2006 | Prefiled and ordered printed; offered 01/10/07 078321302 |
12/22/2006 | Referred to Committee on Education |
01/15/2007 | Impact statement from DPB (HB1740) |
01/15/2007 | Assigned Education sub: Higher Education (Rust) |
01/22/2007 | Reported from Education (21-Y 0-N) (see vote tally) |
01/23/2007 | Read first time |
01/24/2007 | Read second time and engrossed |
01/25/2007 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
01/25/2007 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
01/25/2007 | Communicated to Senate |
01/26/2007 | Constitutional reading dispensed |
01/26/2007 | Referred to Committee on Education and Health |
02/02/2007 | Assigned Education sub: Higher Education |
02/15/2007 | Rereferred to Finance |
02/19/2007 | Constitutional reading dispensed (40-Y 0-N) |
02/19/2007 | VOTE: (40-Y 0-N) (see vote tally) |
02/20/2007 | Read third time |
02/20/2007 | Reading of amendment waived |
02/20/2007 | Committee amendment agreed to |
02/20/2007 | Engrossed by Senate as amended |
02/20/2007 | Passed Senate with amendment (40-Y 0-N) |
02/20/2007 | VOTE: (40-Y 0-N) (see vote tally) |
02/21/2007 | Placed on Calendar |
02/22/2007 | Senate amendment agreed to by House (96-Y 1-N) |
02/22/2007 | VOTE: ADOPTION (96-Y 1-N) (see vote tally) |
03/08/2007 | Enrolled |
03/08/2007 | Bill text as passed House and Senate (HB1740ER) |
03/08/2007 | Signed by Speaker |
03/11/2007 | Signed by President |
03/12/2007 | Impact statement from DPB (HB1740ER) |
03/19/2007 | G Approved by Governor-Chapter 434 (effective 7/1/07) |
03/27/2007 | G Acts of Assembly Chapter text (CHAP0434) |