Motor Vehicle Transaction Recovery Fund; bonding requirements. (HB171)
Introduced By
Sen. John Cosgrove (R-Chesapeake)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Motor Vehicle Transaction Recovery Fund; bonding requirements. Permits the Fund to drop below the previously mandated $250,000 balance requirement but not to register a negative balance. The bill also allows recovery against a dealer to include attorney fees. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/09/2012 | Committee |
01/09/2012 | Prefiled and ordered printed; offered 01/11/12 12101762D |
01/09/2012 | Referred to Committee on Transportation |
01/13/2012 | Assigned Transportation sub: #4 |
01/17/2012 | Impact statement from DPB (HB171) |
01/20/2012 | Assigned Transportation sub: #3 |
01/24/2012 | Subcommittee recommends reporting with amendment(s) (6-Y 0-N) |
01/26/2012 | Reported from Transportation with substitute (22-Y 0-N) (see vote tally) |
01/26/2012 | Committee substitute printed 12104576D-H1 |
01/27/2012 | Read first time |
01/30/2012 | Read second time |
01/30/2012 | Committee substitute agreed to 12104576D-H1 |
01/30/2012 | Engrossed by House - committee substitute HB171H1 |
01/30/2012 | Impact statement from DPB (HB171H1) |
01/31/2012 | Read third time and passed House BLOCK VOTE (97-Y 0-N) |
01/31/2012 | VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally) |
02/01/2012 | Constitutional reading dispensed |
02/01/2012 | Referred to Committee on Transportation |
02/08/2012 | Reported from Transportation (13-Y 0-N) (see vote tally) |
02/10/2012 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
02/13/2012 | Read third time |
02/13/2012 | Passed Senate (40-Y 0-N) (see vote tally) |
02/14/2012 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
02/15/2012 | Enrolled |
02/15/2012 | Bill text as passed House and Senate (HB171ER) |
02/15/2012 | Impact statement from DPB (HB171ER) |
02/15/2012 | Signed by Speaker |
02/16/2012 | Signed by President |
02/28/2012 | G Approved by Governor-Chapter 10 (effective 7/1/12) |
02/28/2012 | G Acts of Assembly Chapter text (CHAP0010) |