Virginia Public Procurement Act; alternative forms of security, acceptance of cashier's check. (SB902)

Introduced By

Sen. Bryce Reeves (R-Spotsylvania)

Progress

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

Description

Virginia Public Procurement Act; alternative forms of security. Authorizes the acceptance of a cashier's check in lieu of a bid, payment, or performance bond. Currently the only acceptable alternative forms of security are a certified check or cash escrow. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/04/2013Prefiled and ordered printed; offered 01/09/13
01/04/2013Prefiled and ordered printed; offered 01/09/13 13100958D
01/04/2013Referred to Committee on General Laws and Technology
01/10/2013Impact statement from DPB (SB902)
01/14/2013Reported from General Laws and Technology (15-Y 0-N) (see vote tally)
01/16/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/17/2013Read second time and engrossed
01/18/2013Read third time and passed Senate (38-Y 0-N) (see vote tally)
01/25/2013Placed on Calendar
01/25/2013Read first time
01/25/2013Referred to Committee on General Laws
02/01/2013Assigned GL sub: #2 FOIA/Procurement
02/07/2013Subcommittee recommends reporting (6-Y 0-N)
02/12/2013Reported from General Laws (22-Y 0-N) (see vote tally)
02/13/2013Read second time
02/14/2013Read third time
02/14/2013Passed House BLOCK VOTE (100-Y 0-N)
02/14/2013VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/19/2013Enrolled
02/19/2013Bill text as passed Senate and House (SB902ER)
02/19/2013Signed by Speaker
02/20/2013Signed by President
02/21/2013Impact statement from DPB (SB902ER)
03/12/2013G Approved by Governor-Chapter 141 (effective 7/1/13)
03/12/2013G Acts of Assembly Chapter text (CHAP0141)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 25 seconds.