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2019 SESSION
SB 1464 Manufacturer or distributor; right of first refusal.
Introduced by: Jeremy S. McPike | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Manufacturer or distributor right of first refusal. Provides that a manufacturer or distributor's right to first refusal in the event of a proposed sale or transfer of a dealership does not apply if such sale or transfer is not to a dealer licensed anywhere in the United States as a dealer holding a franchise from any manufacturer or to a distributor licensed as a manufacturer or distributor in the Commonwealth unless the exercise of such right of first refusal by a manufacturer or distributor with a program promoting minority dealers would lead to a minority dealer having a majority ownership of a dealership. The bill exempts certain manufacturers and distributors from the limitations on the right of first refusal.
FULL TEXT
- 01/08/19 Senate: Prefiled and ordered printed; offered 01/09/19 19101601D pdf | impact statement
- 01/23/19 Senate: Committee substitute printed 19105630D-S1 pdf | impact statement
- 03/07/19 Senate: Bill text as passed Senate and House (SB1464ER) pdf | impact statement
- 03/21/19 Governor: Acts of Assembly Chapter text (CHAP0739) pdf
AMENDMENTS
- House committee, floor amendments and substitutes offered
- House amendments adopted
- House amendments engrossed
- Conference amendments
HISTORY
- 01/08/19 Senate: Prefiled and ordered printed; offered 01/09/19 19101601D
- 01/08/19 Senate: Referred to Committee on Transportation
- 01/23/19 Senate: Committee substitute printed 19105630D-S1
- 01/23/19 Senate: Reported from Transportation with substitute (13-Y 0-N)
- 01/25/19 Senate: Constitutional reading dispensed (38-Y 1-N)
- 01/28/19 Senate: Read second time
- 01/28/19 Senate: Reading of substitute waived
- 01/28/19 Senate: Committee substitute agreed to 19105630D-S1
- 01/28/19 Senate: Engrossed by Senate - committee substitute SB1464S1
- 01/29/19 Senate: Read third time and passed Senate (40-Y 0-N)
- 02/04/19 House: Placed on Calendar
- 02/04/19 House: Read first time
- 02/04/19 House: Referred to Committee on Transportation
- 02/12/19 House: Reported from Transportation with amendments (19-Y 3-N)
- 02/12/19 House: Read second time
- 02/13/19 House: Read third time
- 02/13/19 House: Committee amendments agreed to
- 02/13/19 House: Engrossed by House as amended
- 02/13/19 House: Passed House with amendments (72-Y 25-N)
- 02/13/19 House: VOTE: PASSAGE (72-Y 25-N)
- 02/15/19 Senate: Passed by for the day
- 02/18/19 Senate: House amendments rejected by Senate (0-Y 40-N)
- 02/19/19 House: House insisted on amendments
- 02/19/19 House: House requested conference committee
- 02/20/19 Senate: Senate acceded to request (40-Y 0-N)
- 02/20/19 Senate: Conferees appointed by Senate
- 02/20/19 Senate: Senators: Cosgrove, Carrico, McPike
- 02/21/19 House: Conferees appointed by House
- 02/21/19 House: Delegates: Miyares, Hugo, Jones, J.C.
- 02/21/19 Conference: Amended by conference committee
- 02/21/19 House: Conference report agreed to by House (96-Y 2-N)
- 02/21/19 House: VOTE: ADOPTION (96-Y 2-N)
- 02/22/19 Senate: Conference report agreed to by Senate (40-Y 0-N)
- 03/07/19 Senate: Enrolled
- 03/07/19 Senate: Bill text as passed Senate and House (SB1464ER)
- 03/07/19 House: Signed by Speaker
- 03/09/19 Senate: Signed by President
- 03/11/19 Senate: Enrolled Bill Communicated to Governor on March 11, 2019
- 03/11/19 Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/21/19 Governor: Approved by Governor-Chapter 739 (effective 7/1/19)
- 03/21/19 Governor: Acts of Assembly Chapter text (CHAP0739)