WA People
BILL · 2007–08 SESSION · LATEST VERSION SHB 1041

HB 1041: Plurality voting/directors

Modifying plurality voting for directors.

Summary

  • Allows a corporation to use its bylaws to adopt alternatives to the statutory default plurality voting method for electing corporate directors.
  • Allows directors' resignations to be made contingent upon the happening of some future event such as an election at which the director receives less than a specified vote.

From the Substitute House Bill Report (SHB 1041), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 467, Laws of 2007
  1. IntroducedJan 8, 2007
  2. Out of committeeJan 19, 2007
  3. Passed HouseFeb 28, 2007
  4. Passed SenateApr 12, 2007
  5. GovernorMay 14, 2007
  6. LawMay 14, 2007
Prime sponsor
Jamie Pedersen (D-43)
Introduced
January 8, 2007 in the House
Last action
May 14, 2007
Session law
Chapter 467, Laws of 2007
Versions
HB 1041, SHB 1041

AN ACT Relating to plurality voting for directors;

Sponsors

Prime sponsor: Jamie Pedersen (D-43)

4 co-sponsors (2 Democrats, 2 Republicans)

Jay Rodne R-5Larry Haler R-8Jim Moeller D-49Patricia Lantz D-26

Votes

House · Final Passage

Passed February 28, 2007
Version voted on: SHB 1041
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat63000
Republican34001
How each member voted

Yea (97)

Excused (1)

Permalink to this vote

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed April 12, 2007
Version voted on: SHB 1041
42 Yea 0 Nay 0 Absent 7 Excused
PartyYeaNayAbsentExcused
Democrat25007
Republican17000
How each member voted
Permalink to this vote

Senate · Final Passage as Amended by the Senate

Passed April 18, 2007
Version voted on: SHB 1041
45 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat28004
Republican17000
How each member voted

Yea (45)

Permalink to this vote

House · Final Passage as Amended by the Senate

Passed April 19, 2007
Version voted on: SHB 1041
94 Yea 3 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat62001
Republican32300
How each member voted

Yea (94)

Nay (3)

Excused (1)

Permalink to this vote

House · Final Passage on Reconsideration

Passed April 19, 2007
Version voted on: SHB 1041
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat63000
Republican35000
How each member voted

Yea (98)

Permalink to this vote

History

  1. Effective date 7/22/2007. (SHB 1041)
  2. Chapter 467, 2007 Laws. (SHB 1041)
  3. Governor signed. (SHB 1041)
  4. Delivered to Governor. (SHB 1041)
  5. President signed. (SHB 1041)
  6. Speaker signed. (SHB 1041)
  7. Passed final passage; yeas, 98; nays, 0; absent, 0; excused, 0. (SHB 1041)
  8. On reconsideration. (SHB 1041)
  9. Passed final passage; yeas, 94; nays, 3; absent, 0; excused, 1. (SHB 1041)
  10. House concurred in Senate amendments. (SHB 1041)
  11. Third reading, passed; yeas, 45; nays, 0; absent, 0; excused, 4. (SHB 1041)
  12. Rules suspended. Placed on Third Reading. (SHB 1041)
  13. Floor amendment(s) adopted. (SHB 1041)
  14. Returned to second reading for amendment. (SHB 1041)
  15. Rules suspended. (SHB 1041)
  16. Senate receded from amendments. (SHB 1041)
  17. House refuses to concur in Senate amendments. Asks Senate to recede from amendments. (SHB 1041)
  18. Third reading, passed; yeas, 42; nays, 0; absent, 0; excused, 7. (SHB 1041)
  19. Rules suspended. Placed on Third Reading. (SHB 1041)
  20. Committee amendment adopted with no other amendments. (SHB 1041)
  21. Placed on second reading by Rules Committee. (SHB 1041)
  22. Made eligible to be placed on second reading. (SHB 1041)
  23. Passed to Rules Committee for second reading. (SHB 1041)
  24. JUD - Majority; do pass with amendment(s). (SHB 1041)
  25. First reading, referred to Judiciary. (SHB 1041)
  26. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1. (SHB 1041)
  27. Rules suspended. Placed on Third Reading. (SHB 1041)
  28. 1st substitute bill substituted. (SHB 1041)
  29. 1st substitute bill substituted.
  30. Rules Committee relieved of further consideration. Placed on second reading. (SHB 1041)
  31. Rules Committee relieved of further consideration. Placed on second reading.
  32. Made eligible to be placed on second reading. (SHB 1041)
  33. Made eligible to be placed on second reading.
  34. Passed to Rules Committee for second reading. (SHB 1041)
  35. Passed to Rules Committee for second reading.
  36. JUDI - Majority; 1st substitute bill be substituted, do pass. (SHB 1041)
  37. JUDI - Executive action taken by committee.
  38. JUDI - Majority; 1st substitute bill be substituted, do pass.
  39. First reading, referred to Judiciary.
  40. Prefiled for introduction.

HB 1041 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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