OR HB2191 | 2017 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Passed on August 18 2017 - 100% progression
Action: 2017-08-18 - Chapter 705, (2017 Laws): Effective date August 15, 2017.
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Unknown
Status: Passed on August 18 2017 - 100% progression
Action: 2017-08-18 - Chapter 705, (2017 Laws): Effective date August 15, 2017.
Text: Latest bill text (Engrossed) [PDF]
Summary
Authorizes Secretary of State to investigate alleged or potential violations of business entity statutes and to require business entity to provide list of shareholders and respond to interrogatories. Permits Secretary of State to impose penalties, cancel or revoke incorporation or dissolve business entity that violates statutes or fails to cooperate with investigation. Permits Department of Revenue to recommend dissolution of business entity that fails to comply with tax laws of state, but not if department has allowed appeal of business entity's tax liability or if appeal is pending. Subjects directors, officers, employees, members and managers of shell entity to claim for damages from person that suffers ascertainable loss of money or property resulting from knowing dissemination of materially false statement concerning certain aspects of shell entity's finances and operations. Specifies information concerning street address of business entity and name and address of director, controlling shareholder, member or manager that must appear in articles of incorporation or articles of organization for business entity. Permits court to dissolve business entity that court finds was shell entity that was used, incorporated or organized for illegal purpose, to defraud or deceive another person or to conceal business activity from another person or governmental agency. Permits Attorney General to bring action for dissolution and specifies elements of prima facie showing. Specifies effects of finding that business entity is shell entity. Specifies that principal office of business entity incorporated or organized in this state or authorized to transact business in this state must have physical street address that may not be commercial mail receiving agency, mail forwarding business or virtual office. Permits department to disclose certain information from taxpayer return to Secretary of State for purposes of initiating or supporting recommendation for administrative dissolution of business entity that fails to comply with applicable tax laws of state. Becomes operative January 1, 2018. Declares emergency, effective July 1, 2017.
Title
Relating to business entities; and declaring an emergency.
Sponsors
| No sponsor information available at this time. |
Roll Calls
2017-07-07 - House - House Third Reading in Concurrence (Y: 58 N: 0 NV: 0 Abs: 2) [PASS]
2017-07-07 - Senate - Senate Third Reading (Y: 29 N: 0 NV: 0 Abs: 1) [PASS]
2017-07-06 - Senate - Senate Committee Do pass with amendments to resolve conflicts. (Printed C-Eng.) (Y: 23 N: 0 NV: 0 Abs: 0) [PASS]
2017-07-05 - House - House Third Reading (Y: 48 N: 11 NV: 0 Abs: 1) [PASS]
2017-06-30 - House - House Committee Do pass with amendments to the A-Eng bill. (Printed B-Eng.) (Y: 22 N: 0 NV: 0 Abs: 1) [PASS]
2017-04-17 - House - House Committee Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.) (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2017-07-07 - Senate - Senate Third Reading (Y: 29 N: 0 NV: 0 Abs: 1) [PASS]
2017-07-06 - Senate - Senate Committee Do pass with amendments to resolve conflicts. (Printed C-Eng.) (Y: 23 N: 0 NV: 0 Abs: 0) [PASS]
2017-07-05 - House - House Third Reading (Y: 48 N: 11 NV: 0 Abs: 1) [PASS]
2017-06-30 - House - House Committee Do pass with amendments to the A-Eng bill. (Printed B-Eng.) (Y: 22 N: 0 NV: 0 Abs: 1) [PASS]
2017-04-17 - House - House Committee Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.) (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-08-18 | House | Chapter 705, (2017 Laws): Effective date August 15, 2017. |
| 2017-08-15 | House | Governor signed. |
| 2017-07-18 | Senate | President signed. |
| 2017-07-18 | House | Speaker signed. |
| 2017-07-07 | House | Rules suspended. House concurred in Senate amendments and repassed bill.Ayes, 58; Excused, 2--Clem, Hayden. |
| 2017-07-07 | Senate | Rules suspended. Third reading. Carried by DeBoer. Passed.Ayes, 29; excused, 1--Linthicum. |
| 2017-07-07 | Senate | Rules suspended. Second reading. |
| 2017-07-07 | Senate | Recommendation: Do pass with amendments to resolve conflicts. (Printed C-Eng.) |
| 2017-07-06 | Senate | Work Session held. |
| 2017-07-06 | Senate | Referred to Ways and Means. |
| 2017-07-06 | Senate | First reading. Referred to President's desk. |
| 2017-07-05 | House | Rules suspended. Third reading. Carried by Holvey. Passed.Ayes, 59; Excused, 1--Boone. |
| 2017-07-05 | House | Second reading. |
| 2017-07-04 | House | Recommendation: Do pass with amendments and be printed B-Engrossed. |
| 2017-06-30 | House | Work Session held. |
| 2017-06-28 | House | Returned to Full Committee. |
| 2017-06-28 | House | Public Hearing and Work Session held. |
| 2017-06-06 | House | Public Hearing held. |
| 2017-05-31 | House | Assigned to Subcommittee On General Government. |
| 2017-04-21 | House | Referred to Ways and Means by prior reference. |
| 2017-04-21 | House | Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means by prior reference. |
| 2017-04-17 | House | Work Session held. |
| 2017-03-08 | House | Public Hearing held. |
| 2017-03-06 | House | Public Hearing held. |
| 2017-01-17 | House | Referred to Business and Labor with subsequent referral to Ways and Means. |
| 2017-01-09 | House | First reading. Referred to Speaker's desk. |
