Lawyers; client accounts. (HB1853)
Introduced By
Del. Rip Sullivan (D-Arlington) with support from co-patrons Del. Patrick Hope (D-Arlington), Del. Kaye Kory (D-Falls Church), Del. Mark Levine (D-Alexandria), Del. Kathleen Murphy (D-McLean), and Del. Vivian Watts (D-Annandale)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Lawyers; client accounts. Repeals the provision prohibiting the Supreme Court of Virginia from adopting a disciplinary rule requiring that lawyers deposit client funds in an interest-bearing account. The bill provides that any rule promulgated by the Supreme Court of Virginia requiring attorney participation in the Interest on Lawyers Trust Accounts (IOLTA) program clearly state that an attorney or law firm has no responsibility to remit interest earned to the IOLTA program. Read the Bill »
Status
03/24/2021: signed by governor
History
| Date | Action |
|---|---|
| 01/07/2021 | Prefiled and ordered printed; offered 01/13/21 21100869D |
| 01/07/2021 | Referred to Committee for Courts of Justice |
| 01/12/2021 | Impact statement from DPB (HB1853) |
| 01/14/2021 | Assigned Courts sub: Civil |
| 01/15/2021 | Subcommittee recommends reporting (8-Y 0-N) |
| 01/20/2021 | Reported from Courts of Justice (18-Y 3-N) (see vote tally) |
| 01/21/2021 | Read first time |
| 01/22/2021 | Read second time and engrossed |
| 01/25/2021 | Read third time and passed House (68-Y 32-N) |
| 01/25/2021 | VOTE: Passage (68-Y 32-N) (see vote tally) |
| 01/26/2021 | Constitutional reading dispensed |
| 01/26/2021 | Referred to Committee on the Judiciary |
| 02/05/2021 | Continued to 2021 Sp. Sess. 1 in Judiciary (14-Y 0-N) (see vote tally) |
| 02/17/2021 | Reported from Judiciary (9-Y 5-N) (see vote tally) |
| 02/19/2021 | Constitutional reading dispensed (32-Y 0-N) |
| 02/22/2021 | Read third time |
| 02/22/2021 | Passed by for the day |
| 02/23/2021 | Senate committee, floor amendments and substitutes offered |
| 02/23/2021 | Read third time |
| 02/23/2021 | Amendment #1 by Senator Stuart withdrawn |
| 02/23/2021 | Reading of amendment waived |
| 02/23/2021 | Amendment #2 by Senator Stuart agreed to |
| 02/23/2021 | Engrossed by Senate as amended |
| 02/23/2021 | Passed Senate with amendment (36-Y 3-N) |
| 02/24/2021 | Placed on Calendar |
| 02/24/2021 | Senate amendment agreed to by House (63-Y 35-N) |
| 02/24/2021 | VOTE: Adoption (63-Y 35-N) |
| 02/26/2021 | Enrolled |
| 02/26/2021 | Bill text as passed House and Senate (HB1853ER) |
| 02/26/2021 | Impact statement from DPB (HB1853ER) |
| 02/26/2021 | Signed by Speaker |
| 02/27/2021 | Signed by President |
| 03/01/2021 | Enrolled Bill communicated to Governor on March 1, 20201 |
| 03/01/2021 | G Governor's Action Deadline 11:59 p.m., March 31, 2021 |
| 03/24/2021 | G Approved by Governor-Chapter 342 (effective 7/1/21) |
| 03/24/2021 | G Acts of Assembly Chapter text (CHAP0342) |
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