Business Organizations
Summary
Business Organizations; Revising requirements relating to inspecting certain records of limited liability companies; revising the circumstances under which shareholders are entitled to appraisal rights and certain payments; entitling corporations to prepay a shareholder if the shareholder makes a demand for payment; revising requirements for proceedings relating to unsettled demands for payment, etc.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2021
Committee Review
Apr 2021
Senate Passage
Apr 2021
House Passage
Apr 2021
Signed into Law
May 2021
Introduced Mar 2, 2021
Signed May 7, 2021
Floor votes · Senate Apr 7, 2021 · House Apr 27, 2021
How they voted
35–0
Passed · 1 other
Total votes 36
Apr 7, 2021
D
Democratic15
93% Yea
R
Republican21
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
34
Key actions
10
Committee
9
May 7, 2021
Signed into law
Approved by Governor
legislature
Apr 27, 2021
Lower · Passed
CS passed; YEAS 115, NAYS 1
lower
Apr 23, 2021
Committee
Bill referred to House Calendar
lower
Apr 7, 2021
Upper · Passed
CS passed; YEAS 39 NAYS 0
upper
Mar 25, 2021
Upper · Passed
Favorable by- Rules; YEAS 17 NAYS 0
upper
Mar 22, 2021
Upper · Passed
On Committee agenda-- Rules, 03/25/21, 9:00 am, 412 Knott Building
upper
Mar 18, 2021
Upper · Passed
On Committee agenda-- Rules, 03/18/21, 9:00 am, 412 Knott Building --Not Considered
upper
Mar 2, 2021
Upper · Passed
Favorable by Judiciary; YEAS 11 NAYS 0
upper
Mar 2, 2021
Introduced
Introduced
upper
Feb 25, 2021
Upper · Passed
On Committee agenda-- Judiciary, 03/02/21, 1:30 pm, 412 Knott Building
upper
Feb 16, 2021
Upper · Passed
Pending reference review under Rule 4.7(2) - (Committee Substitute)
upper
Feb 8, 2021
Upper · Passed
On Committee agenda-- Commerce and Tourism, 02/15/21, 3:30 pm, 110 Senate Building
upper
Jan 28, 2021
Committee
Referred to Commerce and Tourism; Judiciary; Rules
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Danny Burgess
RRepublican
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