Consumer arbitration; private arbitration company, information reporting requirement. (HB587)

Introduced By

Del. Paul Krizek (D-Alexandria) with support from 13 copatrons, whose average partisan position is:

Those copatrons are Del. Jennifer Carroll Foy (D-Woodbridge), Del. Elizabeth Guzman (D-Dale City), Del. Patrick Hope (D-Arlington), Del. Chris Hurst (D-Blacksburg), Del. Jay Jones (D-Norfolk), Del. Kaye Kory (D-Falls Church), Del. Mark Levine (D-Alexandria), Del. Joe Lindsey (D-Norfolk), Del. Ken Plum (D-Reston), Del. Marcus Simon (D-Falls Church), Sen. Jennifer Boysko (D-Herndon), Sen. Janet Howell (D-Reston), Sen. Scott Surovell (D-Mount Vernon)

Progress

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

Description

Consumer arbitration; private arbitration company; information reporting requirement. Requires a private arbitration company, as defined in the bill, to collect, maintain, and make available to the public on a searchable website certain information related to arbitrations such company facilitates between consumers and nonconsumers. The bill further requires that such information be published on an annual basis by February 1 for the preceding calendar year and be maintained as long as such private arbitration company is in business. The bill provides that any private arbitration company that is authorized or registered by or with the State Corporation Commission to transact business in the Commonwealth shall have such authority revoked or canceled for failing to comply with the requirements specified in the bill. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/08/2018Committee
01/08/2018Prefiled and ordered printed; offered 01/10/18 18100850D
01/08/2018Referred to Committee on Commerce and Labor
01/18/2018Referred from Commerce and Labor
01/18/2018Referred to Committee for Courts of Justice
01/23/2018Assigned Courts sub: Subcommittee #2
01/23/2018Impact statement from SCC (HB587)
01/26/2018Subcommittee recommends continuing to 2019
01/31/2018Subcommittee recommends laying on the table (8-Y 0-N)
02/15/2018Left in Courts of Justice

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 38 seconds.