Legislation: Florida — 2,186 enacted records (OpenStates 2026-07-01)

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:26:47 -04:00
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+---
+type: "Bill"
+title: "Corporate Actions"
+description: "Corporate Actions; Providing that a defective corporate action is not void or voidable in certain circumstances; requiring the board of directors to take certain action to ratify a defective corporate action; providing quorum and voting requirements for the ratification of certain defective corporate actions; requiring that notice be given to shareholders of certain corporate action taken by the board of directors; providing that notice is not required for holders of certain shares whose identities or addresses for notice cannot be determined, etc."
+jurisdiction: "us/states/fl"
+legislature: "Florida Legislature"
+session: "2024"
+identifier: "SB 1198"
+citation: "Florida SB 1198 (2024)"
+classification: ["bill"]
+subjects: ["banks and banking", "business organizations", "judicial branch", "military affairs and related matters", "public business"]
+status: "enacted"
+chapter_law: "2024-265"
+primary_sponsors: ["Commerce and Tourism", "Martin", "Rules"]
+version_count: 4
+action_count: 31
+vote_count: 4
+first_action: "2024-01-03"
+last_action: "2024-06-26"
+source: "openstates"
+source_identifier: "ocd-bill/002d9281-98b0-4042-af02-36b177f1bff6"
+source_url: "https://flsenate.gov/Session/Bill/2024/1198/ByCategory"
+source_hash: "59c0337aba858bd86262e99e9868fb94af3164686f646536522c7e60d11637b7"
+vintage: "2026-07-01"
+source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
+retrieved_at: "2026-07-06"
+confidence: "reported"
+tags: ["legislation", "bill", "us-fl"]
+---
+
+# Florida SB 1198 (2024) — Corporate Actions
+
+Corporate Actions; Providing that a defective corporate action is not void or voidable in certain circumstances; requiring the board of directors to take certain action to ratify a defective corporate action; providing quorum and voting requirements for the ratification of certain defective corporate actions; requiring that notice be given to shareholders of certain corporate action taken by the board of directors; providing that notice is not required for holders of certain shares whose identities or addresses for notice cannot be determined, etc.
+
+**Enacted** — Laws of Florida, Chapter 2024-265.
+
+## Version chain
+
+The bill's text revisions, in order — the diff chain from filing to enrollment.
+
+1. **S 1198 Filed** (filed) — [source](https://flsenate.gov/Session/Bill/2024/1198/BillText/Filed/HTML)
+2. **S 1198 c1** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2024/1198/BillText/c1/HTML)
+3. **S 1198 c2** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2024/1198/BillText/c2/HTML)
+4. **S 1198 er** (enrolled) — [source](https://flsenate.gov/Session/Bill/2024/1198/BillText/er/HTML)
+
+## Votes
+
+- Favorable with Committee Substitute — **5–0** (pass) · upper
+- Third Reading — **39–0** (pass) · upper
+- Passage, Third Reading — **114–0** (pass) · lower
+- Favorable with Committee Substitute — **20–0** (pass) · upper
+
+## Sponsors
+
+- Commerce and Tourism — primary (person)
+- Martin — primary (person)
+- Rules — primary (person)
+
+## Timeline
+
+The legislative action history — every referral, reading, and vote.
+
+- **2024-01-03** Filed `filing`
+- **2024-01-08** Referred to Commerce and Tourism; Rules `referral-committee`
+- **2024-01-09** Introduced `introduction`
+- **2024-01-18** On Committee agenda-- Commerce and Tourism, 01/23/24, 1:00 pm, 110 Senate Building
+- **2024-01-23** CS by Commerce and Tourism; YEAS 5 NAYS 0
+- **2024-01-24** Pending reference review under Rule 4.7(2) - (Committee Substitute)
+- **2024-01-24** CS by Commerce and Tourism read 1st time
+- **2024-01-25** Now in Rules
+- **2024-02-05** On Committee agenda-- Rules, 02/08/24, 8:30 am, 412 Knott Building
+- **2024-02-08** CS/CS by- Rules; YEAS 20 NAYS 0
+- **2024-02-09** Pending reference review -under Rule 4.7(2) - (Committee Substitute)
+- **2024-02-09** Placed on Calendar, on 2nd reading
+- **2024-02-09** Placed on Special Order Calendar, 02/14/24
+- **2024-02-13** CS/CS by Rules read 1st time
+- **2024-02-14** Read 2nd time `reading-2`
+- **2024-02-14** Read 3rd time `reading-3`
+- **2024-02-14** CS passed; YEAS 39 NAYS 0 `passage`
+- **2024-02-14** Immediately certified
+- **2024-02-14** In Messages
+- **2024-03-01** Bill referred to House Calendar
+- **2024-03-01** Bill added to Special Order Calendar (3/4/2024)
+- **2024-03-01** 1st Reading (Committee Substitute 2) `reading-1`
+- **2024-03-04** Read 2nd time `reading-2`
+- **2024-03-04** Placed on 3rd reading `reading-3`
+- **2024-03-04** Added to Third Reading Calendar
+- **2024-03-05** Read 3rd time `reading-3`
+- **2024-03-05** CS passed; YEAS 114, NAYS 0 `passage`
+- **2024-03-05** Ordered enrolled `enrolled`
+- **2024-06-17** Signed by Officers and presented to Governor `executive-receipt`
+- **2024-06-25** Approved by Governor `executive-signature`
+- **2024-06-26** Chapter No. 2024-265
+
+## Source
+
+OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/002d9281-98b0-4042-af02-36b177f1bff6`. Confidence: reported (aggregated from official Florida legislature records).
+