General Assembly Conflicts of Interests Act; prohibited conduct, ownership of certain securities. (HB1252)

Introduced By

Del. Dan Helmer (D-Fairfax Station) with support from co-patrons Del. Glenn Davis (R-Virginia Beach), and Del. Suhas Subramanyam (D-Sterling)

Progress

✓	Introduced
✗	Passed Committee
☐	Passed House
☐	Passed Senate
☐	Signed by Governor
☐	Became Law

Description

General Assembly Conflicts of Interests Act; prohibited conduct; ownership of certain securities prohibited. Prohibits members of the General Assembly from owning any security issued by a public service corporation, or the parent, affiliate, or subsidiary of a public service corporation, during their term of office. However, such prohibition does not restrict a member of the General Assembly from owning such a security in a diversified mutual fund or diversified unit investment trust. Read the Bill »

Outcome

Bill Has Failed

History

Date	Action
01/20/2022	Committee
01/20/2022	Presented and ordered printed 22104301D
01/20/2022	Referred to Committee on Rules
01/25/2022	Impact statement from DPB (HB1252)
02/15/2022	Left in Rules