VA HB55 | 2020 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 31-1)
Status: Passed on April 6 2020 - 100% progression
Action: 2020-04-06 - Governor: Acts of Assembly Chapter text (CHAP0673)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 31-1)
Status: Passed on April 6 2020 - 100% progression
Action: 2020-04-06 - Governor: Acts of Assembly Chapter text (CHAP0673)
Text: Latest bill text (Chaptered) [HTML]
Summary
Worker cooperatives. Establishes worker cooperatives as a category of cooperative associations. A worker cooperative is a stock corporation that has elected to be governed by provisions established by this measure, which include (i) conducting its business primarily for the mutual benefit of its members, (ii) allowing only current and retired employees to be members, (iii) limiting voting rights to current employees, (iv) providing that each employee is entitled to one vote, (v) prohibiting any person from owning more than one membership share, (vi) requiring at least two-thirds of employees to own membership shares, and (vii) requiring that net earnings be paid or credited to members in accordance with the ratio that each member's amount of work performed during a period bears to the total amount of work performed by all members during that period.
Title
Worker cooperatives; establishes as a category of cooperative associations.
Sponsors
Roll Calls
2020-03-05 - House - House: VOTE: Adoption (61-Y 31-N) (Y: 61 N: 31 NV: 8 Abs: 0) [PASS]
2020-03-05 - Senate - Senate: Passed Senate with amendment (25-Y 14-N 1-A) (Y: 25 N: 14 NV: 0 Abs: 1) [PASS]
2020-03-05 - Senate - Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2020-03-05 - Senate - Senate: Passed Senate with amendment (28-Y 12-N) (Y: 28 N: 12 NV: 0 Abs: 0) [PASS]
2020-03-04 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2020-03-02 - Senate - Senate: Reported from Commerce and Labor with amendment (14-Y 1-N) (Y: 14 N: 1 NV: 0 Abs: 0) [PASS]
2020-02-03 - House - House: VOTE: Passage (62-Y 36-N) (Y: 62 N: 36 NV: 2 Abs: 0) [PASS]
2020-01-28 - House - House: Reported from Labor and Commerce (10-Y 8-N) (Y: 10 N: 8 NV: 4 Abs: 0) [FAIL]
2020-03-05 - Senate - Senate: Passed Senate with amendment (25-Y 14-N 1-A) (Y: 25 N: 14 NV: 0 Abs: 1) [PASS]
2020-03-05 - Senate - Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2020-03-05 - Senate - Senate: Passed Senate with amendment (28-Y 12-N) (Y: 28 N: 12 NV: 0 Abs: 0) [PASS]
2020-03-04 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2020-03-02 - Senate - Senate: Reported from Commerce and Labor with amendment (14-Y 1-N) (Y: 14 N: 1 NV: 0 Abs: 0) [PASS]
2020-02-03 - House - House: VOTE: Passage (62-Y 36-N) (Y: 62 N: 36 NV: 2 Abs: 0) [PASS]
2020-01-28 - House - House: Reported from Labor and Commerce (10-Y 8-N) (Y: 10 N: 8 NV: 4 Abs: 0) [FAIL]
History
Date | Chamber | Action |
---|---|---|
2020-04-06 | Governor: Acts of Assembly Chapter text (CHAP0673) | |
2020-04-06 | Governor: Approved by Governor-Chapter 673 (effective 7/1/20) | |
2020-03-17 | Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020 | |
2020-03-17 | House | Enrolled Bill communicated to Governor on March 17, 2020 |
2020-03-12 | Senate | Signed by President |
2020-03-12 | House | Signed by Speaker |
2020-03-12 | House | Bill text as passed House and Senate (HB55ER) |
2020-03-12 | House | Enrolled |
2020-03-05 | House | VOTE: Adoption (61-Y 31-N) |
2020-03-05 | House | Senate amendment agreed to by House (61-Y 31-N) |
2020-03-05 | Senate | Passed Senate with amendment (25-Y 14-N 1-A) |
2020-03-05 | Senate | Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) |
2020-03-05 | Senate | Passed Senate with amendment (28-Y 12-N) |
2020-03-05 | Senate | Engrossed by Senate as amended |
2020-03-05 | Senate | Committee amendment agreed to |
2020-03-05 | Senate | Reading of amendment waived |
2020-03-05 | Senate | Read third time |
2020-03-04 | Senate | Constitutional reading dispensed (40-Y 0-N) |
2020-03-02 | Senate | Reported from Commerce and Labor with amendment (14-Y 1-N) |
2020-02-04 | Senate | Referred to Committee on Commerce and Labor |
2020-02-04 | Senate | Constitutional reading dispensed |
2020-02-03 | House | VOTE: Passage (62-Y 36-N) |
2020-02-03 | House | Read third time and passed House (62-Y 36-N) |
2020-01-31 | House | Read second time and engrossed |
2020-01-30 | House | Read first time |
2020-01-28 | House | Reported from Labor and Commerce (10-Y 8-N) |
2019-11-30 | House | Referred to Committee on Labor and Commerce |
2019-11-30 | House | Prefiled and ordered printed; offered 01/08/20 20100832D |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
13 | 1 | 301 | (n/a) | See Bill Text |
13 | 1 | 307 | (n/a) | See Bill Text |
13 | 1 | 308 | (n/a) | See Bill Text |
13 | 1 | 346 | (n/a) | See Bill Text |
13 | 1 | 355 | (n/a) | See Bill Text |