Pyramid promotional schemes; definition thereof, penalty. (SB95)

Introduced By

Sen. Roscoe Reynolds (D-Martinsville)

Progress

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

Description

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. Currently, participation in such a scheme is not a crime. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
12/26/2007Prefiled and ordered printed; offered 01/09/08 088620316
12/26/2007Referred to Committee for Courts of Justice
01/10/2008Assigned Courts sub: Criminal
02/06/2008Reported from Courts of Justice with substitute (15-Y 0-N) (see vote tally)
02/07/2008Committee substitute printed 081747316-S1
02/08/2008Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/11/2008Read second time
02/11/2008Reading of substitute waived
02/11/2008Committee substitute agreed to 081747316-S1
02/11/2008Engrossed by Senate - committee substitute SB95S1
02/11/2008Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/11/2008Passed Senate (40-Y 0-N) (see vote tally)
02/11/2008Communicated to House
02/12/2008Placed on Calendar
02/12/2008Read first time
02/12/2008Referred to Committee for Courts of Justice
02/14/2008Assigned Courts sub: Civil
02/14/2008Assigned Courts sub: Criminal
02/15/2008Reported from Courts of Justice with substitute (19-Y 0-N) (see vote tally)
02/18/2008Committee substitute printed 080538404-H1
02/19/2008Read second time
02/20/2008Read third time
02/20/2008Committee substitute agreed to 080538404-H1
02/20/2008Engrossed by House - committee substitute SB95H1
02/20/2008Passed House with substitute BLOCK VOTE (97-Y 0-N)
02/20/2008VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
02/22/2008Impact statement from DPB (SB95H1)
02/22/2008Passed by for the day
02/25/2008Passed by for the day
02/26/2008House substitute rejected by Senate (7-Y 32-N)
02/27/2008House insisted on substitute
02/27/2008House requested conference committee
02/29/2008Passed by for the day
03/03/2008Senate acceded to request (40-Y 0-N)
03/03/2008Conferees appointed by Senate
03/03/2008Senators: Reynolds, Lucas, Puller
03/04/2008Conferees appointed by House
03/04/2008Delegates: Bell, Peace, Valentine
03/07/2008Conference substitute printed 080362316-S2
03/07/2008Reading of conference report waived
03/07/2008Conference report agreed to by Senate (40-Y 0-N)
03/07/2008Conference report agreed to by House (95-Y 0-N)
03/07/2008VOTE: --- ADOPTION (95-Y 0-N)
03/24/2008Enrolled
03/24/2008Bill text as passed Senate and House (SB95ER)
03/26/2008Impact statement from DPB (SB95ER)
04/01/2008Bill text as passed Senate and House reprinted (SB95ER)
04/02/2008Signed by Speaker
04/03/2008Signed by President
04/11/2008G Approved by Governor-Chapter 842 (effective 7/1/08)

Comments

Doug Smith writes:

Substitute introduced in Sub.

the new language in the substitute is meant to clean up the language in coordination with state standards.