Virginia House Bill 13 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on November 19 2019 - 25% progression, died in chamber
Action: 2020-02-06 - Stricken from docket by General Laws (20-Y 1-N)
Text: Latest bill text (Prefiled) [HTML]

Fiduciary management of condominium association funds; permissible investments. Authorizes the fiduciary managing agent of a condominium association to invest managed funds in United States securities or maintain a limited amount of managed funds in a money market account that invests in United States securities or other financial instruments guaranteed by securities of the United States. Under current law, a fiduciary managing agent may only keep association funds in a trust account in a federally insured financial institution.

Condominium association funds; fiduciary management, permissible investments.

Del. Lee Ware [R]

2020-02-06 - House - House: Stricken from docket by General Laws (20-Y 1-N) (Y: 20 N: 1 NV: 1 Abs: 0) [PASS]
2020-02-06 - House - House: Subcommittee recommends striking from docket (8-Y 0-N) (Y: 8 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2020-02-06	House	Stricken from docket by General Laws (20-Y 1-N)
2020-02-06	House	Subcommittee recommends striking from docket (8-Y 0-N)
2020-01-15	House	Assigned GL sub: Housing/Consumer Protection
2019-11-19	House	Referred to Committee on General Laws
2019-11-19	House	Prefiled and ordered printed; offered 01/08/20 20100062D

Chapter	Article	Section	Citation Type	Statute Text
55	1	1944	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+HB13
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+HB13+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+H1102V0095+HB0013
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+H11V0315+HB0013