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- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
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Developed and maintained by the Division of Legislative Automated Systems.
2003 SESSION
SB 1308 Establishing trust for coal interests.
Introduced by: Phillip P. Puckett | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Establishing trust for coal interests. Authorizes persons owning a majority interest in a tract of coal to petition the circuit court to establish a trust in those instances when not all the owners of the tract can be located or the owners are known but are unwilling to mine the coal. The proceeds of the leased coal will be placed in a trust and in the case of unknown owners held for five years and then disbursed under provisions of the Uniform Disposition of Unclaimed Property Act. For known owners unwilling to develop the coal, a trustee is empowered to escrow the proceeds of the lease until such time as the minority owner's claim is established to the satisfaction of the court.
FULL TEXT
- 01/17/03 Senate: Presented & ordered printed 032927516 pdf
- 01/29/03 Senate: Printed as engrossed 032927516-E pdf | impact statement
- 02/11/03 Senate: Bill text as passed Senate and House (SB1308ER) pdf | impact statement
- 03/27/03 Governor: Acts of Assembly Chapter text (CHAP0775) pdf
AMENDMENTS
HISTORY
- 01/17/03 Senate: Presented & ordered printed 032927516
- 01/17/03 Senate: Referred to Committee on Agriculture, Conservation and Natural Resources
- 01/27/03 Senate: Reported from A. C. & N. R. w/amds (14-Y 0-N)
- 01/28/03 Senate: Constitutional reading dispensed (38-Y 0-N)
- 01/28/03 Senate: VOTE: CONST. RDG. DISPENSED R (38-Y 0-N)
- 01/29/03 Senate: Read second time
- 01/29/03 Senate: Reading of amendments waived
- 01/29/03 Senate: Committee amendments agreed to
- 01/29/03 Senate: Engrossed by Senate as amended
- 01/29/03 Senate: Printed as engrossed 032927516-E
- 01/30/03 Senate: Read third time and passed Senate (39-Y 0-N)
- 01/30/03 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 01/30/03 Senate: Communicated to House
- 01/31/03 House: Placed on Calendar
- 01/31/03 House: Read first time
- 01/31/03 House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
- 02/05/03 House: Reported from Agr., Chesapeake & Natural Res. (22-Y 0-N)
- 02/06/03 House: Read second time
- 02/07/03 House: Read third time
- 02/07/03 House: Passed House BLOCK VOTE (97-Y 0-N)
- 02/07/03 House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
- 02/11/03 Senate: Bill text as passed Senate and House (SB1308ER)
- 02/12/03 House: Enrolled
- 02/12/03 House: Signed by Speaker
- 02/13/03 Senate: Signed by President
- 03/20/03 Governor: Approved by Governor-Chapter 775 (effective 7/1/03)
- 03/27/03 Governor: Acts of Assembly Chapter text (CHAP0775)