Limited liability companies; members provided access as an electronic record on a network, etc. (HB918)
Introduced By
Sen. Monty Mason (D-Williamsburg)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Limited liability companies; access to records. Authorizes limited liability companies to provide members with access to the limited liability company's records by electronic means on a network or system. Currently, a limited liability company is required to keep the records at its principal office. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/12/2016 | Prefiled and ordered printed; offered 01/13/16 |
| 01/12/2016 | Committee |
| 01/12/2016 | Prefiled and ordered printed; offered 01/13/16 16101173D |
| 01/12/2016 | Referred to Committee on Commerce and Labor |
| 01/15/2016 | Impact statement from SCC (HB918) |
| 01/26/2016 | Reported from Commerce and Labor with amendment (20-Y 2-N) (see vote tally) |
| 01/28/2016 | Read first time |
| 01/29/2016 | Passed by for the day |
| 02/01/2016 | Read second time |
| 02/01/2016 | Committee amendment agreed to |
| 02/01/2016 | Engrossed by House as amended HB918E |
| 02/01/2016 | Printed as engrossed 16101173D-E |
| 02/02/2016 | Engrossed bill reprinted 16101173D-E |
| 02/02/2016 | Read third time and passed House (88-Y 9-N) |
| 02/02/2016 | VOTE: PASSAGE (88-Y 9-N) (see vote tally) |
| 02/03/2016 | Impact statement from SCC (HB918E) |
| 02/03/2016 | Constitutional reading dispensed |
| 02/03/2016 | Referred to Committee on Commerce and Labor |
| 02/04/2016 | Impact statement from SCC (HB918E) |
| 02/22/2016 | Reported from Commerce and Labor (14-Y 1-N) (see vote tally) |
| 02/24/2016 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
| 02/25/2016 | Read third time |
| 02/25/2016 | Passed Senate (40-Y 0-N) (see vote tally) |
| 02/29/2016 | Enrolled |
| 02/29/2016 | Bill text as passed House and Senate (HB918ER) |
| 02/29/2016 | Signed by Speaker |
| 03/01/2016 | Impact statement from SCC (HB918ER) |
| 03/03/2016 | Signed by President |
| 03/04/2016 | Enrolled Bill communicated to Governor on 3/4/16 |
| 03/04/2016 | G Governor's Action Deadline Midnight, March 11, 2016 |
| 03/07/2016 | G Approved by Governor-Chapter 287 (effective 7/1/16) |
| 03/07/2016 | G Acts of Assembly Chapter text (CHAP0287) |
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 1 minute.
Transcript
This is a transcript of the video clips in which this bill is discussed.
Del. Bill Howell (R-Fredericksburg): 874 PASS. ALL IN FAVOR OF THE MOTION WILLS AYE, THOSE OPPOSED NO. ARE THE SENATORS READY TO VOTE? HAVE ALL THE SENATORS VOTED? DO ANY SENATORS DESIRE TO CH ANGE THEIR VOTE? THE CLERK WILL CLOSE THE ROLL.
[Unknown]: AYES 39, NOS 1. AYES 39, NOS 1,. THE BILL PASSES. HOUSE BILL 918. A BILL RELATING TO LIMITED LIABILITY COMPANIES RECORD KEEPING. REPORTED FROM THE COMMITTEE ON COMMERCE AND LABOR. THE SENIOR SENATOR FROM VIRGINIA BEACH, SENATOR WAGNER.
Sen. Frank Wagner (R-Virginia Beach): HOUSE BILL 918 ALLOWS TO PROVIDE ACCESS IT THE LIMITED LIABILITY RECORDS VIA ELECTRONICALLY. CURRENTLY A LIMITED LIABILITY COMPANY IS REQUIRED TO KEEP THOSE RECORDS AT ITS PRINCIPAL OFFICE. THIS IS A WAY FOR THE MEMBERS TO HAVE EASIER ACCESS TO THE INFORMATION I MOVE THE BILL RECORDS AND WITH THAT PASS.
Del. Bill Howell (R-Fredericksburg): THE QUESTION IS SHALL HOUSE BILL 918 PASS. ALL IN FAVOR OF THE MOTION WILLE S AYE, THOSE OPPOSED NO.