Florida House Bill 757 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 2)
Status: Failed on March 9 2012 - 100% progression
Action: 2012-03-09 - Died in Business and Consumer Affairs Subcommittee
Text: Latest bill text (Introduced) [HTML]

Provides for organization of benefit corporations; provides for existing corporations to become benefit corporations; authorizes corporation to terminate its status as benefit corporation; requires corporate purposes set forth in articles of incorporation of benefit corporation to include certain public benefits; authorizes benefit corporations to set forth certain public benefit purposes in their bylaws; authorizes board of directors of benefit corporation to adopt certain public benefit purposes for corporation; prescribes certain standards of conduct for, & limits liability of, directors of benefit corporations; limits liability of officers of benefit corporation; authorizes benefit corporation to bring enforcement actions for certain claims against directors & officers of corporation; provides for commencement & maintenance of proceedings; requires benefit corporation to submit an annual benefit report to DOS & corporation's shareholders; provides for public disclosure of annual benefit reports.

Benefit Corporations

Sen. Jeff Clemens [D]

Rep. Rick Kriseman [D]

Date	Chamber	Action
2012-03-09		Died in Business and Consumer Affairs Subcommittee
2012-01-10		Introduced -HJ 74
2011-11-29		Referred to Business and Consumer Affairs Subcommittee; Civil Justice Subcommittee; Rulemaking and Regulation Subcommittee; Economic Affairs Committee -HJ 75
2011-11-22		Filed

Chapter	Article	Section	Citation Type	Statute Text
607	0128		Amended Code	See Bill Text

Type	Source
Summary	http://www.flsenate.gov/Session/Bill/2012/757
Text	http://www.flsenate.gov/Session/Bill/2012/0757/BillText/Filed/HTML