BILL · 2019–20 SESSION · LATEST VERSION SSB 6037
SB 6037: Business corporations
Concerning business corporations.
Summary
- Establishes provisions regarding gender diversity on a corporation's board of directors.
- Removes the specific listing of default and optional provisions that may be contained in a corporation's articles of incorporation and bylaws.
- Establishes rules for making terms of filed documents or plans dependent on facts objectively ascertainable outside the filed document or plan.
- Provides that a corporation may not vote shares owned by the corporation.
- Addresses standards for taking corporate action without a meeting or vote by written consent.
From the Substitute House Bill Report (SSB 6037), written by the Legislature's nonpartisan staff. Read the full report ↗
Enacted Enacted · Chapter 194, Laws of 2020
- IntroducedJan 13, 2020
- Out of committeeJan 17, 2020
- Passed SenateJan 24, 2020
- Passed HouseMar 3, 2020
- GovernorMar 27, 2020
- LawMar 27, 2020
- Introduced
- January 13, 2020 in the Senate
- Last action
- March 27, 2020
- Session law
- Chapter 194, Laws of 2020
- Requested by
- Other
- Versions
- SB 6037, SSB 6037
AN ACT Relating to business corporations;
Votes
Senate · 3rd Reading & Final Passage
Passed January 24, 2020
Version voted on: SSB 6037
32 Yea
14 Nay
0 Absent
3 Excused
| Party | Yea | Nay | Absent | Excused |
| Democrat | 27 | 1 | 0 | 1 |
| Republican | 5 | 13 | 0 | 2 |
How each member voted
House · 3rd Reading & Final Passage
Passed March 3, 2020
Version voted on: SSB 6037
56 Yea
40 Nay
0 Absent
2 Excused
| Party | Yea | Nay | Absent | Excused |
| Democrat | 56 | 1 | 0 | 0 |
| Republican | 0 | 39 | 0 | 2 |
How each member voted
History
- Effective date 6/11/2020. (SSB 6037)
- Chapter 194, 2020 Laws. (SSB 6037)
- Governor signed. (SSB 6037)
- Delivered to Governor. (SSB 6037)
- Speaker signed. (SSB 6037)
- President signed. (SSB 6037)
- Third reading, passed; yeas, 56; nays, 40; absent, 0; excused, 2. (SSB 6037)
- Rules suspended. Placed on Third Reading. (SSB 6037)
- Rules Committee relieved of further consideration. Placed on second reading. (SSB 6037)
- Referred to Rules 2 Review. (SSB 6037)
- Minority; do not pass. (SSB 6037)
- CRJ - Majority; do pass. (SSB 6037)
- First reading, referred to Civil Rights & Judiciary. (SSB 6037)
- Third reading, passed; yeas, 32; nays, 14; absent, 0; excused, 3. (SSB 6037)
- Rules suspended. Placed on Third Reading. (SSB 6037)
- 1st substitute bill substituted. (SSB 6037)
- 1st substitute bill substituted.
- Placed on second reading by Rules Committee. (SSB 6037)
- Placed on second reading by Rules Committee.
- Passed to Rules Committee for second reading. (SSB 6037)
- Passed to Rules Committee for second reading.
- LAW - Majority; 1st substitute bill be substituted, do pass. (SSB 6037)
- Minority; do not pass. (SSB 6037)
- Minority; do not pass.
- LAW - Majority; 1st substitute bill be substituted, do pass.
- First reading, referred to Law & Justice.
- Prefiled for introduction.
SB 6037 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
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