CS/CS/CS/HB 599 (2011) -  Corporations Not For Profit

General Bill by Economic Affairs Committee and Civil Justice Subcommittee and Insurance & Banking Subcommittee and Passidomo (CO-SPONSORS) Boyd
Corporations Not For Profit: Provides requirements for management of funds held by institution exclusively for charitable purposes; provides standards of conduct in managing & investing institutional funds; provides requirements for appropriation for expenditure or accumulation of endowment fund; authorizes institution to delegate certain activities to external agent & to release or modify certain restrictions on institutional fund; provides for application to existing or newly established institutional funds; provides relationship to federal law; authorizes reversion of real property to Board of Trustees of Internal Improvement Trust Fund if not-for-profit corporation holding deed subject to reverter clause violates deed restrictions; provides for retroactive & propective application.
Effective Date: July 1, 2012, except as otherwise provided
Last Event: 06/17/11 Chapter No. 2011-170 on Friday, June 17, 2011 7:04 PM
Date Available for Final Passage: Monday, May 02, 2011 2:36 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 952 Subject: Uniform Prudent Management of Institutional Funds Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 6/28/2011 1:28:40 PM
Chamber: House Committee: Economic Affairs Committee 4/25/2011 2:41:49 PM
Chamber: House Committee: Economic Affairs Committee 4/19/2011 6:19:28 PM
Chamber: House Committee: Appropriations Committee 4/18/2011 9:38:58 AM
Chamber: House Committee: Appropriations Committee 4/14/2011 5:06:02 PM
Chamber: House Committee: Civil Justice Subcommittee 4/4/2011 8:32:20 PM
Chamber: House Committee: Civil Justice Subcommittee 3/25/2011 6:04:42 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/10/2011 9:47:02 AM
Chamber: House Committee: Insurance & Banking Subcommittee 3/8/2011 10:32:17 AM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/28/2011 02:37 PM   Yeas: 117 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 348] Barcode:
Chamber: Senate Date: 05/03/2011 03:52 PM   Yeas: 39 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 43] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2011-170 Time: 06/17/2011 - 7:04 PM Member: Committee: Version: er
Event: Approved by Governor Time: 06/17/2011 - 3:34 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/09/2011 - 12:14 PM Member: Committee: Version: er
Event: H Ordered enrolled Time: 05/03/2011 - 4:43 PM Member: Committee: Version: e1
Event: H In Messages Time: 05/03/2011 - 4:43 PM Member: Committee: Version: e1
Event: S CS passed; YEAS 39 NAYS 0 -SJ 747 Time: 05/03/2011 - 3:52 PM Member: Committee: Version: e1
Event: S Read 3rd time -SJ 747 Time: 05/03/2011 - 3:52 PM Member: Committee: Version: e1
Event: S Read 2nd time -SJ 747 Time: 05/03/2011 - 3:52 PM Member: Committee: Version: e1
Event: S Substituted for CS/CS/SB 952 -SJ 747 Time: 05/03/2011 - 3:52 PM Member: Committee: Version: e1
Event: S Placed on Calendar, on 2nd reading Time: 05/03/2011 - 3:52 PM Member: Committee: Version: e1
Event: S Withdrawn from Commerce and Tourism; Higher Education; Governmental Oversight and Accountability -SJ 747 Time: 05/03/2011 - 3:52 PM Member: Committee: Version: e1
Event: S Received -SJ 717 Time: 05/02/2011 - 8:49 PM Member: Committee: Version: e1
Event: S Referred to Commerce and Tourism; Higher Education; Governmental Oversight and Accountability -SJ 717 Time: 05/02/2011 - 8:37 PM Member: Committee: Version: e1
Event: H Message sent to senate Time: 04/28/2011 - 4:50 PM Member: Committee: Version: e1
Event: S In Messages Time: 04/28/2011 - 4:26 PM Member: Committee: Version: e1
Event: H CS passed as amended; YEAS 117, NAYS 0 Time: 04/28/2011 - 2:37 PM Member: Committee: Version: c3
Event: H Passage on third reading Time: 04/28/2011 - 2:37 PM Member: Committee: Version: c3
Event: H Read 3rd time Time: 04/28/2011 - 2:36 PM Member: Committee: Version: c3
Event: H Amendment 782537 adopted Time: 04/28/2011 - 2:36 PM Member: Committee: Version: c3
Event: H Read 2nd time Time: 04/28/2011 - 2:35 PM Member: Committee: Version: c3
Event: H Bill added to Special Order Calendar (4/28/2011) Time: 04/26/2011 - 10:25 PM Member: Committee: Version: c3
Event: H Amendment 782537 filed Time: 04/26/2011 - 8:44 PM Member: Committee: Version: c3
Event: H Added to Second Reading Calendar Time: 04/26/2011 - 7:19 PM Member: Committee: Version: c3
Event: H Bill referred to House Calendar Time: 04/26/2011 - 7:19 PM Member: Committee: Version: c3
Event: H 1st Reading Time: 04/25/2011 - 7:13 PM Member: Committee: Version: c3
Event: H CS Filed Time: 04/25/2011 - 2:46 PM Member: Committee: Version: c3
Event: H Laid on Table under Rule 7.19(a) Time: 04/25/2011 - 2:46 PM Member: Committee: Version: c2
Event: H Reported out of Economic Affairs Committee Time: 04/25/2011 - 2:42 PM Member: Committee: Economic Affairs Committee Version: c2
Event: H Favorable with CS by Economic Affairs Committee Time: 04/21/2011 - 2:00 PM Member: Committee: Economic Affairs Committee Version: c2
Event: H Added to Economic Affairs Committee agenda Time: 04/19/2011 - 4:24 PM Member: Committee: Economic Affairs Committee Version: c2
Event: H Now in Economic Affairs Committee Time: 04/18/2011 - 9:29 AM Member: Committee: Economic Affairs Committee Version: c2
Event: H Reported out of Appropriations Committee Time: 04/18/2011 - 9:29 AM Member: Committee: Appropriations Committee Version: c2
Event: H Favorable by Appropriations Committee Time: 04/15/2011 - 6:38 PM Member: Committee: Appropriations Committee Version: c2
Event: H Added to Appropriations Committee agenda Time: 04/13/2011 - 4:26 PM Member: Committee: Appropriations Committee Version: c2
Event: H Added to Appropriations Committee agenda Time: 04/13/2011 - 4:25 PM Member: Committee: Appropriations Committee Version: c2
Event: H Now in Appropriations Committee Time: 04/06/2011 - 12:32 PM Member: Committee: Appropriations Committee Version: c2
Event: H Referred to Economic Affairs Committee Time: 04/06/2011 - 12:32 PM Member: Committee: Economic Affairs Committee Version: c2
Event: H Referred to Appropriations Committee Time: 04/06/2011 - 12:32 PM Member: Committee: Appropriations Committee Version: c2
Event: H 1st Reading Time: 04/05/2011 - 5:17 PM Member: Committee: Version: c2
Event: H CS Filed Time: 04/05/2011 - 7:29 AM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.19(a) Time: 04/05/2011 - 7:29 AM Member: Committee: Version: c1
Event: H Reported out of Civil Justice Subcommittee Time: 04/04/2011 - 8:33 PM Member: Committee: Civil Justice Subcommittee Version: c1
Event: H Favorable with CS by Civil Justice Subcommittee Time: 03/29/2011 - 3:00 PM Member: Committee: Civil Justice Subcommittee Version: c1
Event: H Added to Civil Justice Subcommittee agenda Time: 03/25/2011 - 4:21 PM Member: Committee: Civil Justice Subcommittee Version: c1
Event: H Now in Civil Justice Subcommittee Time: 03/11/2011 - 5:32 PM Member: Committee: Civil Justice Subcommittee Version: c1
Event: H Referred to Economic Affairs Committee Time: 03/11/2011 - 5:32 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Referred to Appropriations Committee Time: 03/11/2011 - 5:32 PM Member: Committee: Appropriations Committee Version: c1
Event: H Referred to Civil Justice Subcommittee Time: 03/11/2011 - 5:32 PM Member: Committee: Civil Justice Subcommittee Version: c1
Event: H 1st Reading Time: 03/10/2011 - 8:19 PM Member: Committee: Version: c1
Event: H CS Filed Time: 03/10/2011 - 10:04 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 03/10/2011 - 10:04 AM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 03/10/2011 - 9:43 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 03/09/2011 - 10:00 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 03/08/2011 - 10:24 PM Member: Committee: Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 03/07/2011 - 4:10 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 02/16/2011 - 6:26 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 02/16/2011 - 6:26 PM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Appropriations Committee Time: 02/16/2011 - 6:26 PM Member: Committee: Appropriations Committee Version: __
Event: H Referred to Civil Justice Subcommittee Time: 02/16/2011 - 6:26 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 02/16/2011 - 6:26 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 02/03/2011 - 10:17 AM Member: Passidomo Committee: Version: __