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
  1. IntroducedJan 13, 2020
  2. Out of committeeJan 17, 2020
  3. Passed SenateJan 24, 2020
  4. Passed HouseMar 3, 2020
  5. GovernorMar 27, 2020
  6. LawMar 27, 2020
Prime sponsor
Jamie Pedersen (D-43)
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;

Sponsors

Votes

Senate · 3rd Reading & Final Passage

Passed January 24, 2020
Version voted on: SSB 6037
32 Yea 14 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat27101
Republican51302
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
PartyYeaNayAbsentExcused
Democrat56100
Republican03902
How each member voted

Yea (56)

Excused (2)

History

  1. Effective date 6/11/2020. (SSB 6037)
  2. Chapter 194, 2020 Laws. (SSB 6037)
  3. Governor signed. (SSB 6037)
  4. Delivered to Governor. (SSB 6037)
  5. Speaker signed. (SSB 6037)
  6. President signed. (SSB 6037)
  7. Third reading, passed; yeas, 56; nays, 40; absent, 0; excused, 2. (SSB 6037)
  8. Rules suspended. Placed on Third Reading. (SSB 6037)
  9. Rules Committee relieved of further consideration. Placed on second reading. (SSB 6037)
  10. Referred to Rules 2 Review. (SSB 6037)
  11. Minority; do not pass. (SSB 6037)
  12. CRJ - Majority; do pass. (SSB 6037)
  13. First reading, referred to Civil Rights & Judiciary. (SSB 6037)
  14. Third reading, passed; yeas, 32; nays, 14; absent, 0; excused, 3. (SSB 6037)
  15. Rules suspended. Placed on Third Reading. (SSB 6037)
  16. 1st substitute bill substituted. (SSB 6037)
  17. 1st substitute bill substituted.
  18. Placed on second reading by Rules Committee. (SSB 6037)
  19. Placed on second reading by Rules Committee.
  20. Passed to Rules Committee for second reading. (SSB 6037)
  21. Passed to Rules Committee for second reading.
  22. LAW - Majority; 1st substitute bill be substituted, do pass. (SSB 6037)
  23. Minority; do not pass. (SSB 6037)
  24. Minority; do not pass.
  25. LAW - Majority; 1st substitute bill be substituted, do pass.
  26. First reading, referred to Law & Justice.
  27. 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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