Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
7.4 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | |||||
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| Bill | Virginia Stock Corporation Act; clarifying and technical changes. | Virginia Stock Corporation Act. Makes clarifying and technical changes to the Virginia Stock Corporation Act. Many of the measure's provisions revise the legislation enacted in the 2019 Session that comprehensively updated the Act in accordance with the Model Business Corporation Act. Several of the measure's provisions address the documentation required to be filed when a corporation converts to another type of business entity. The measure also repeals a section that provides that a foreign corporation authorized to transact business in the Commonwealth that domesticates to a domestic corporation is deemed to have withdrawn its certificate of authority when the certificate of domestication becomes effective, as it is duplicative of provisions addressed in this measure. The provisions of the measure updating the Virginia Stock Corporation Act, become effective July 1, 2021. Additionally, the measure delays the effective date the 2019 Virginia Stock Corporation Act legislation and legislation enacted in the 2019 Session authorizing the creation of one or more protected series by a limited liability company that were scheduled to become effective on July 1, 2020, to July 1, 2021. | us/states/va | Virginia General Assembly | 2020 | HB 1149 | Virginia HB 1149 (2020) |
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enacted |
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5 | 38 | 9 | 2020-01-07 | 2020-04-22 | openstates | ocd-bill/71c3a58b-3abf-4981-a5d5-d83fd3d0c231 | https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+HB1149 | fbe75fbc86e5a1036ca7b44353fc850892be877ef79897928f6019d402acc1cf | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Virginia HB 1149 (2020) — Virginia Stock Corporation Act; clarifying and technical changes.
Virginia Stock Corporation Act. Makes clarifying and technical changes to the Virginia Stock Corporation Act. Many of the measure's provisions revise the legislation enacted in the 2019 Session that comprehensively updated the Act in accordance with the Model Business Corporation Act. Several of the measure's provisions address the documentation required to be filed when a corporation converts to another type of business entity. The measure also repeals a section that provides that a foreign corporation authorized to transact business in the Commonwealth that domesticates to a domestic corporation is deemed to have withdrawn its certificate of authority when the certificate of domestication becomes effective, as it is duplicative of provisions addressed in this measure. The provisions of the measure updating the Virginia Stock Corporation Act, become effective July 1, 2021. Additionally, the measure delays the effective date the 2019 Virginia Stock Corporation Act legislation and legislation enacted in the 2019 Session authorizing the creation of one or more protected series by a limited liability company that were scheduled to become effective on July 1, 2020, to July 1, 2021.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- Acts of Assembly Chapter text (CHAP1226) (committee substitute) — source
- Bill text as passed House and Senate (HB1149ER) (committee substitute) — source
- Engrossed by House - committee substitute HB1149H1 (committee substitute) — source
- Impact statement from SCC (HB1149) (committee substitute) — source
- Reenrolled bill text (HB1149ER2) (committee substitute) — source
Votes
- Senate concurred in Governor's recommendation (40-Y 0-N) — 40–0 (pass) · upper
- VOTE: (99-Y 0-N) — 98–0 (pass) · lower
- Reported from Labor and Commerce with substitute (20-Y 0-N) — 20–0 (pass) · lower
- Passed Senate (40-Y 0-N) — 40–0 (pass) · upper
- VOTE: (95-Y 0-N) — 94–0 (pass) · lower
- Reported from Commerce and Labor (15-Y 0-N) — 15–0 (pass) · upper
- Reconsideration of Governor's recommendation agreed to (38-Y 1-N) — 38–1 (pass) · upper
- Constitutional reading dispensed (39-Y 0-N) — 39–0 (pass) · upper
- Senate concurred in Governor's recommendation (40-Y 0-N) — 40–0 (pass) · upper
Sponsors
- Mark L. Keam — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2020-01-07 Prefiled and ordered printed; offered 01/08/20 20105073D
introduction - 2020-01-07 Referred to Committee on Labor and Commerce
referral-committee - 2020-01-17 Impact statement from SCC (HB1149)
- 2020-01-21 House committee, floor amendments and substitutes offered
- 2020-01-21 Reported from Labor and Commerce with substitute (20-Y 0-N)
committee-passage - 2020-01-21 Committee substitute printed 20106259D-H1
substitution - 2020-01-23 Read first time
reading-1 - 2020-01-24 Read second time
reading-2 - 2020-01-24 Committee substitute agreed to 20106259D-H1
- 2020-01-24 Engrossed by House - committee substitute HB1149H1
- 2020-01-27 Read third time and passed House BLOCK VOTE (99-Y 0-N)
passage, reading-3 - 2020-01-27 VOTE: (99-Y 0-N)
- 2020-01-28 Constitutional reading dispensed
- 2020-01-28 Referred to Committee on Commerce and Labor
referral-committee - 2020-02-06 Impact statement from SCC (HB1149H1)
- 2020-02-17 Reported from Commerce and Labor (15-Y 0-N)
committee-passage - 2020-02-19 Constitutional reading dispensed (39-Y 0-N)
- 2020-02-20 Read third time
reading-3 - 2020-02-20 Passed Senate (40-Y 0-N)
passage - 2020-02-25 Enrolled
- 2020-02-25 Signed by Speaker
- 2020-02-26 Impact statement from SCC (HB1149ER)
- 2020-02-26 Signed by President
- 2020-03-03 Enrolled Bill communicated to Governor on March 3, 2020
- 2020-03-03 Governor's Action Deadline 11:59 p.m., March 10, 2020
- 2020-03-10 Governor's recommendation received by House
- 2020-04-22 Placed on Calendar
- 2020-04-22 House concurred in Governor's recommendation BLOCK VOTE (95-Y 0-N)
- 2020-04-22 VOTE: (95-Y 0-N)
- 2020-04-22 Senate concurred in Governor's recommendation (40-Y 0-N)
- 2020-04-22 Reconsideration of Governor's recommendation agreed to (38-Y 1-N)
- 2020-04-22 Senate concurred in Governor's recommendation (40-Y 0-N)
- 2020-04-22 Governor's recommendation adopted
- 2020-04-22 Reenrolled
- 2020-04-22 Reenrolled bill text (HB1149ER2)
- 2020-04-22 Signed by Speaker as reenrolled
- 2020-04-22 Signed by President as reenrolled
- 2020-04-22 Enacted, Chapter 1226 (effective - see bill)
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/71c3a58b-3abf-4981-a5d5-d83fd3d0c231. Confidence: reported (aggregated from official Virginia legislature records).