RELATING TO PENAL LIABILITY FOR BUSINESS ENTITIES.
Summary
Requires a court to order the charter of a corporation forfeited and the certificate authorizing a foreign corporation to do business in the State revoked upon a felony or misdemeanor conviction of the corporation or its high managerial agent that is related to its business affairs. Repeals the requirement for findings for a court to order forfeiture of a charter or revocation of a certificate. Requires similar penalties for various partnership entities and limited liability companies and their foreign counterparts convicted of a felony or misdemeanor. Permits the winding up of the business. (SD1)
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2020
Committee Review
Mar 2020
Senate Passage
Mar 2020
House Passage
Governor
Introduced Jan 23, 2020
Last action Mar 9, 2020
Floor votes · Senate Mar 3, 2020
How they voted
25–0
Passed
Total votes 25
Mar 3, 2020
D
Democratic24
100% Yea
R
Republican1
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
13
Key actions
3
Committee
5
Mar 9, 2020
Committee
Referred to EDB, CPC, JUD, referral sheet 36
lower
Mar 3, 2020
Introduced
Received from Senate (Sen. Com. No. 470) in amended form (SD 1).
lower
Mar 3, 2020
Upper · Passed
Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
upper
Feb 20, 2020
Upper · Passed
The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 3 Aye(s): Senator(s) K. Rhoads, J.Keohokalole, Kim; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Gabbard, Fevella.
upper
Feb 14, 2020
Upper · Passed
The committee(s) on JDC has scheduled a public hearing on 02-20-20 9:15AM in conference room 016.
upper
Feb 5, 2020
Committee
Re-Referred to JDC.
upper
Jan 27, 2020
Committee
Referred to CPH, JDC.
upper
Jan 23, 2020
Introduced
Introduced.
upper
4 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Donna Kim
DDemocratic
P
Kurt Fevella
RRepublican
P
Maile Shimabukuro
DDemocratic
P
Michelle Kidani
DDemocratic
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