Search
Bill number does not exist. Enter a vaild keyword.

Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Employee Ownership Trusts
Sponsored by
Delegate Haynes
Status
In the House - First Reading House Rules and Executive Nominations
Analysis
Synopsis
Authorizing the creation of employee ownership trusts; providing for the exclusive purpose of an employee ownership trust; requiring the trustee of an employee ownership trust to carry out the express terms and purposes of the trust; providing, under specified circumstances, for the distribution of the principal or income of an employee ownership trust; authorizing specified tax benefits, procurement preferences, loan guarantees, and promotion activities to encourage the creation of employee ownership arrangements; etc.
Committees
Details
Bill File Type: Regular
Effective Date(s): July 1, 2017
History
Legislation History
Chamber
House
Calendar Date
3/02/2017
Legislative Date
3/02/2017
Action
First Reading House Rules and Executive Nominations
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Text - First - Employee Ownership Trusts
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 3/02/2017 3/02/2017 First Reading House Rules and Executive Nominations
Text - First - Employee Ownership Trusts
File Code
Subjects
Statutes
(   14.5-1101 through 14.5-1105 )
(   10-207, 10-307 )
Last Updated: 2/3/2020 2:32 PM