Manufacturer or distributor; right of first refusal. (SB1464)

Introduced By

Sen. Jeremy McPike (D-Dale City) with support from co-patron Sen. Lionell Spruill (D-Chesapeake)

Progress

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

Description

Manufacturer or distributor right of first refusal. Provides that a manufacturer or distributor's right to first refusal in the event of a proposed sale or transfer of a dealership does not apply if such sale or transfer is not to a dealer licensed anywhere in the United States as a dealer holding a franchise from any manufacturer or to a distributor licensed as a manufacturer or distributor in the Commonwealth unless the exercise of such right of first refusal by a manufacturer or distributor with a program promoting minority dealers would lead to a minority dealer having a majority ownership of a dealership. Amends § 46.2-1569.1, of the Code of Virginia. Read the Bill »

Status

04/19/2019: Awaiting a Vote in the Transportation Committee

History

DateAction
01/08/2019Prefiled and ordered printed; offered 01/09/19 19101601D
01/08/2019Referred to Committee on Transportation
01/21/2019Impact statement from DPB (SB1464)
01/23/2019Committee substitute printed 19105630D-S1
01/23/2019Reported from Transportation with substitute (13-Y 0-N) (see vote tally)
01/25/2019Constitutional reading dispensed (38-Y 1-N) (see vote tally)
01/28/2019Impact statement from DPB (SB1464S1)
01/28/2019Read second time
01/28/2019Reading of substitute waived
01/28/2019Committee substitute agreed to 19105630D-S1
01/28/2019Engrossed by Senate - committee substitute SB1464S1
01/29/2019Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/04/2019Placed on Calendar
02/04/2019Read first time
02/04/2019Referred to Committee on Transportation
02/12/2019House committee, floor amendments and substitutes offered
02/12/2019Reported from Transportation with amendments (19-Y 3-N) (see vote tally)
02/12/2019Read second time
02/13/2019Read third time
02/13/2019Committee amendments agreed to
02/13/2019Engrossed by House as amended
02/13/2019Passed House with amendments (72-Y 25-N)
02/13/2019VOTE: PASSAGE (72-Y 25-N) (see vote tally)
02/15/2019Passed by for the day
02/18/2019House amendments rejected by Senate (0-Y 40-N) (see vote tally)
02/19/2019House insisted on amendments
02/19/2019House requested conference committee
02/20/2019Senators: Cosgrovce, Carrico, McPike
02/20/2019Senate acceded to request (40-Y 0-N) (see vote tally)
02/20/2019Conferees appointed by Senate
02/20/2019Senators: Cosgrove, Carrico, McPike
02/21/2019Conferees appointed by House
02/21/2019Delegates: Miyares, Hugo, Jones, J.C.
02/21/2019C Amended by conference committee
02/21/2019Conference report agreed to by House (96-Y 2-N)
02/21/2019VOTE: ADOPTION (96-Y 2-N) (see vote tally)
02/22/2019Conference report agreed to by Senate (40-Y 0-N) (see vote tally)
03/07/2019Enrolled
03/07/2019Bill text as passed Senate and House (SB1464ER)
03/07/2019Signed by Speaker
03/08/2019Impact statement from DPB (SB1464ER)
03/09/2019Signed by President
03/11/2019Enrolled Bill Communicated to Governor on March 11, 2019
03/11/2019G Governor's Action Deadline Midnight, March 26, 2019
03/21/2019G Approved by Governor-Chapter 739 (effective 7/1/19)
03/21/2019G Acts of Assembly Chapter text (CHAP0739)

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