VA HB13 | 2020 | Regular Session
Status
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]
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]
Summary
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.
Title
Condominium association funds; fiduciary management, permissible investments.
Sponsors
Del. Lee Ware [R] |
Roll Calls
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]
2020-02-06 - House - House: Subcommittee recommends striking from docket (8-Y 0-N) (Y: 8 N: 0 NV: 1 Abs: 0) [PASS]
History
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 |