Professional corporations & limited liability companies; those licensed to be shareholders, etc. (SB209)

Introduced By

Sen. Walter Stosch (R-Glen Allen)

Progress

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

Description

Professional corporations and professional limited liability companies. Authorizes persons or professional business entities that are duly licensed or authorized to render the professional service under the laws of the Commonwealth or the jurisdiction under whose laws the entity is formed to be shareholders of a professional corporation or members of a professional limited liability company. The requirements that at least one of the members of a professional limited liability company and that at least one shareholder of a professional corporation be licensed or otherwise legally authorized to render the service in the Commonwealth are deleted. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/07/2008Prefiled and ordered printed; offered 01/09/08 080099332
01/07/2008Referred to Committee on Commerce and Labor
01/16/2008Impact statement from SCC (SB209)
01/21/2008Reported from Commerce and Labor (15-Y 0-N) (see vote tally)
01/23/2008Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/24/2008Read second time and engrossed
01/25/2008Read third time and passed Senate (39-Y 0-N) (see vote tally)
01/25/2008Communicated to House
02/12/2008Placed on Calendar
02/12/2008Read first time
02/12/2008Referred to Committee on Commerce and Labor
02/19/2008Reported from Commerce and Labor (22-Y 0-N) (see vote tally)
02/21/2008Read second time
02/22/2008Read third time
02/22/2008Passed House BLOCK VOTE (94-Y 0-N)
02/22/2008VOTE: BLOCK VOTE PASSAGE (94-Y 0-N)
02/25/2008Enrolled
02/25/2008Bill text as passed Senate and House (SB209ER)
02/25/2008Signed by Speaker
02/26/2008Signed by President
02/28/2008Impact statement from SCC (SB209ER)
03/04/2008G Approved by Governor-Chapter 263 (effective 7/1/08)
03/04/2008G Approved by Governor-Chapter 265 (effective 7/1/08)
03/06/2008G Acts of Assembly Chapter text (CHAP0265)