Inflationary effects; increasing various costs, fees, etc., penalties. (SB154)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

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

Description

Increasing various costs, fees, penalties, etc.  Increases the amounts of various costs, fees, potential damages, jurisdictional amounts, and other dollar-based provisions in the Virginia Code to account for the effect of inflation. The bill also increases the threshold amount for when a contract must be in writing under statute of frauds contained in the Uniform Commercial Code (UCC) as adopted in Virginia to match the current UCC amount. This bill is a recommendation of the Boyd-Graves Conference. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2010Prefiled and ordered printed; offered 01/13/10 10100431D
01/11/2010Referred to Committee for Courts of Justice
01/12/2010Assigned Courts sub: Civil
01/18/2010Reported from Courts of Justice (7-Y 5-N) (see vote tally)
01/18/2010Rereferred to Finance
02/08/2010Impact statement from DPB (SB154)
02/10/2010Reported from Finance (15-Y 0-N) (see vote tally)
02/11/2010Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/12/2010Read second time and engrossed
02/15/2010Read third time and passed Senate (30-Y 10-N) (see vote tally)
02/17/2010Placed on Calendar
02/17/2010Read first time
02/17/2010Referred to Committee for Courts of Justice
02/18/2010Assigned Courts sub: #2 Civil
03/01/2010Subcommittee recommends reporting with amendment(s) (11-Y 0-N)
03/08/2010Reported from Courts of Justice with substitute (21-Y 0-N) (see vote tally)
03/08/2010Committee substitute printed 10105758D-H1
03/09/2010Read second time
03/09/2010Constitutional reading dispensed BLOCK VOTE (96-Y 0-N)
03/09/2010VOTE: --- AGREE TO (96-Y 0-N) (see vote tally)
03/09/2010Motion to reconsider constitutional reading dispensed agreed to
03/09/2010Constitutional reading dispensed BLOCK VOTE (94-Y 0-N)
03/09/2010VOTE: --- ADOPTION #2 (94-Y 0-N) (see vote tally)
03/09/2010Committee substitute agreed to 10105758D-H1
03/09/2010Engrossed by House - committee substitute SB154H1
03/09/2010Passed House with substitute (92-Y 4-N)
03/09/2010VOTE: --- PASSAGE (92-Y 4-N) (see vote tally)
03/10/2010House substitute agreed to by Senate (40-Y 0-N) (see vote tally)
03/10/2010Title replaced 10105758D-H1
03/22/2010Enrolled
03/22/2010Bill text as passed Senate and House (SB154ER)
03/22/2010Signed by Speaker
03/25/2010Signed by President
04/09/2010Impact statement from DPB (SB154ER)
04/10/2010G Approved by Governor-Chapter 343 (effective 7/1/10)
04/10/2010G Acts of Assembly Chapter text (CHAP0343)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 3 clips in all, totaling 3 minutes.