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2016 SESSION

• | print version

HB 577 Interpleader; funds held in escrow.

Introduced by: Roxann L. Robinson | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Interpleader; earnest money deposits. Allows the general district court, in an interpleader case involving an earnest money deposit held in escrow by a real estate broker, to escheat the funds to the Commonwealth to be credited to the Virginia Housing Trust Fund upon default of the stakeholders, provided that such funds have been abandoned for more than one year from the date of written notice to all stakeholders and claimants and the plaintiff and defendants are in default in the interpleader action.

FULL TEXT

• 01/11/16  House: Prefiled and ordered printed; offered 01/13/16 16100947D  pdf | impact statement
• 02/01/16  House: Printed as engrossed 16100947D-E  pdf | impact statement
• 02/24/16  Senate: Committee substitute printed 16105777D-S1  pdf | impact statement
• 03/03/16  House: Bill text as passed House and Senate (HB577ER)  pdf | impact statement

AMENDMENTS

• House amendments
• Governor's recommendation
• Governor's veto explanation

HISTORY

• 01/11/16  House: Prefiled and ordered printed; offered 01/13/16 16100947D
• 01/11/16  House: Referred to Committee for Courts of Justice
• 01/14/16  House: Assigned Courts sub: Civil Law
• 01/25/16  House: Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
• 01/27/16  House: Reported from Courts of Justice with amendment (22-Y 0-N)
• 01/29/16  House: Read first time
• 02/01/16  House: Read second time
• 02/01/16  House: Committee amendment agreed to
• 02/01/16  House: Engrossed by House as amended HB577E
• 02/01/16  House: Printed as engrossed 16100947D-E
• 02/02/16  House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
• 02/02/16  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
• 02/03/16  Senate: Constitutional reading dispensed
• 02/03/16  Senate: Referred to Committee for Courts of Justice
• 02/24/16  Senate: Reported from Courts of Justice with substitute (9-Y 0-N)
• 02/24/16  Senate: Committee substitute printed 16105777D-S1
• 02/26/16  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/29/16  Senate: Read third time
• 02/29/16  Senate: Reading of substitute waived
• 02/29/16  Senate: Committee substitute agreed to 16105777D-S1
• 02/29/16  Senate: Engrossed by Senate - committee substitute HB577S1
• 02/29/16  Senate: Passed Senate with substitute (38-Y 0-N)
• 02/29/16  Senate: Reconsideration of Senate passage agreed to by Senate (38-Y 0-N)
• 02/29/16  Senate: Passed Senate with substitute (38-Y 0-N)
• 03/01/16  House: Placed on Calendar
• 03/02/16  House: Senate substitute agreed to by House 16105777D-S1 (99-Y 0-N)
• 03/02/16  House: VOTE: ADOPTION (99-Y 0-N)
• 03/03/16  House: Enrolled
• 03/03/16  House: Bill text as passed House and Senate (HB577ER)
• 03/03/16  House: Signed by Speaker
• 03/06/16  Senate: Signed by President
• 03/07/16  House: Enrolled Bill communicated to Governor on 3/7/2016
• 03/07/16  Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016
• 04/08/16  House: Governor's recommendation received by House
• 04/20/16  House: Placed on Calendar
• 04/20/16  House: House rejected Governor's recommendation (29-Y 70-N 1-A)
• 04/20/16  House: VOTE: REJECTED (29-Y 70-N 1-A)
• 04/20/16  House: Communicated to Governor
• 04/20/16  Governor: Governor's Action Deadline Midnight, Friday, May 20, 2016
• 05/20/16  Governor: Vetoed by Governor