l9n/ Oregon

2009 Regular Session

House Bill 2886

Creates low-profit limited liability company as type of limited liability company with specified business purpose.

Did not become law. It stopped in the House of Representatives's Judiciary Committee on June 29, 2009. The 2009 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Creates low-profit limited liability company as type of limited liability company with specified business purpose. Provides that business purpose of low-profit limited liability company must be to significantly further charitable, educational or related purposes identified in Internal Revenue Code. Prohibits low-profit limited liability company from engaging in certain activities. Specifies form of name for low-profit limited liability company. Provides that Secretary of State may administratively dissolve low-profit limited liability company for failure to meet business purpose requirement and failure to amend articles of organization to accurately describe business purpose and change name.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

7 co-sponsors

Jules Bailey, Jeff Barker, Chris Garrett, Arnie Roblan, Jefferson Smith, Judy Stiegler, Jim Thompson

Its course

March 3 to June 29, 2009, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action3 actions on 3 days

In the House of RepresentativesMar 3 to Jun 29 · stopped118 days

Waiting for a committeeMar 3 to Mar 96 days

JudiciaryMar 9 to Jun 29 · stopped112 days

Text

Each version as the Legislative Assembly printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

In the House of Representatives Mar 3 – Jun 29

  1. Introduced
  2. Sent to Judiciary
  3. Died when the session ended
All 3 actions, as published