SB1464
Manufacturer or distributor; right of first refusal.
Summary
As Passed Both Chambers. 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 ... (More) 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. (Less)-
Bill History
- 01/08/2019 - Senate: Prefiled and ordered printed; offered 01/09/19 19101601D
- 01/08/2019 - Senate: Referred to Committee on Transportation
- 01/21/2019 - Senate: Impact statement from DPB (SB1464)
- 01/23/2019 - Senate: Committee substitute printed 19105630D-S1
- 01/23/2019 - Senate: Reported from Transportation with substitute (13-Y 0-N)
- 01/25/2019 - Senate: Constitutional reading dispensed (38-Y 1-N)
- 01/28/2019 - Senate: Impact statement from DPB (SB1464S1)
- 01/28/2019 - Senate: Read second time
- 01/28/2019 - Senate: Reading of substitute waived
- 01/28/2019 - Senate: Committee substitute agreed to 19105630D-S1
- 01/28/2019 - Senate: Engrossed by Senate - committee substitute SB1464S1
- 01/29/2019 - Senate: Read third time and passed Senate (40-Y 0-N)
- 02/04/2019 - House: Placed on Calendar
- 02/04/2019 - House: Read first time
- 02/04/2019 - House: Referred to Committee on Transportation
- 02/12/2019 - House: House committee, floor amendments and substitutes offered
- 02/12/2019 - House: Reported from Transportation with amendments (19-Y 3-N)
- 02/12/2019 - House: Read second time
- 02/13/2019 - House: Read third time
- 02/13/2019 - House: Committee amendments agreed to
- 02/13/2019 - House: Engrossed by House as amended
- 02/13/2019 - House: Passed House with amendments (72-Y 25-N)
- 02/13/2019 - House: VOTE: PASSAGE (72-Y 25-N)
- 02/15/2019 - Senate: Passed by for the day
- 02/18/2019 - Senate: House amendments rejected by Senate (0-Y 40-N)
- 02/19/2019 - House: House insisted on amendments
- 02/19/2019 - House: House requested conference committee
- 02/20/2019 - Senate: Senate acceded to request (40-Y 0-N)
- 02/20/2019 - Senate: Conferees appointed by Senate
- 02/20/2019 - Senate: Senators: Cosgrove, Carrico, McPike
- 02/21/2019 - House: Conferees appointed by House
- 02/21/2019 - House: Delegates: Miyares, Hugo, Jones, J.C.
- 02/21/2019 - Conference: Amended by conference committee
- 02/21/2019 - House: Conference report agreed to by House (96-Y 2-N)
- 02/21/2019 - House: VOTE: ADOPTION (96-Y 2-N)
- 02/22/2019 - Senate: Conference report agreed to by Senate (40-Y 0-N)
- 03/07/2019 - Senate: Enrolled
- 03/07/2019 - Senate: Bill text as passed Senate and House (SB1464ER)
- 03/07/2019 - House: Signed by Speaker
- 03/08/2019 - Senate: Impact statement from DPB (SB1464ER)
- 03/09/2019 - Senate: Signed by President
- 03/11/2019 - Senate: Enrolled Bill Communicated to Governor on March 11, 2019
- 03/11/2019 - Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/21/2019 - Governor: Approved by Governor-Chapter 739 (effective 7/1/19)
- 03/21/2019 - Governor: Acts of Assembly Chapter text (CHAP0739)
