l9n/ Oregon

2016 Regular Session

House Bill 4058

Permits corporation with shares that are registered under securities law of this state or under federal securities law to reject vote, consent, waiver or proxy authorization if shareholder has not complied with certain public disclosure requirements of securities law .

Became law as Chapter 39, Oregon Laws 2016, signed March 14, 2016, 47 days after it was filed. In force from March 14, 2016.

What it does

The synopsis the Legislative Assembly published with the bill.

Permits corporation with shares that are registered under securities law of this state or under federal securities law to reject vote, consent, waiver or proxy authorization if shareholder has not complied with <b>certain</b> public disclosure requirements of securities law <i>of this state or federal securities law</i>]. <b>Requires corporation that rejects vote, consent, waiver or proxy authorization to do so for each shareholder that fails to comply with disclosure requirements. Prevents corporation from rejecting vote, consent, waiver or proxy authorization after shareholder complies with disclosure requirements.</b> Declares emergency, effective on passage.

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

17 co-sponsors

Jeff Barker, Greg Barreto, Deborah Boone, Margaret Doherty, Sal Esquivel, Paul Evans, Shemia Fagan, Vic Gilliam, David Gomberg, Val Hoyle, Bill Kennemer, Wayne Krieger, Rob Nosse, Andy Olson, Duane Stark, Gene Whisnant, Carl Wilson

In the Senate

11 co-sponsors

Lee Beyer, Brian Boquist, Ginny Burdick, Ted Ferrioli, Sara Gelser Blouin, Fred Girod, Tim Knopp, Laurie Monnes Anderson, Elizabeth Steiner, Kim Thatcher, Chuck Thomsen

Its course

January 27 to March 24, 2016, 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 action19 actions on 16 days

In the House of RepresentativesJan 27 to Feb 1721 days

Waiting for a committeeJan 27 to Feb 15 days

Consumer Protection and Government EffectivenessFeb 1 to Feb 1514 days

In the SenateFeb 17 to Feb 269 days

Waiting for a committeeFeb 17 to Feb 181 day

Business and TransportationFeb 18 to Feb 246 days

With the GovernorFeb 26 to Mar 1417 days

Votes

Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

  • House of Representatives, third reading57–2

    Passed · Feb 17 · 1 present

  • Senate, third reading25–1

    Passed · Feb 26 · 4 present

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Feb 15

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 Jan 27 – Feb 17

  1. Jan 27Filed before the session
  2. Feb 1Introduced
  3. Sent to Consumer Protection and Government Effectiveness
  4. Feb 9Heard in Consumer Protection and Government Effectiveness
  5. Feb 11Heard in Consumer Protection and Government Effectiveness
  6. Feb 15Consumer Protection and Government Effectiveness recommended it as amended
  7. Feb 16Read a second time
  8. Feb 17Passed the House of Representatives, 57 to 2

In the Senate Feb 18 – Feb 26

  1. Feb 18Arrived in the Senate
  2. Sent to Business and Transportation
  3. Feb 22Heard in Business and Transportation
  4. Feb 24Business and Transportation recommended it
  5. Read a second time
  6. Feb 26Passed the Senate, 25 to 1

To the Governor Mar 1 – Mar 24

  1. Mar 1Signed in the House of Representatives
  2. Mar 2Signed in the Senate
  3. Mar 14Signed by the Governor
  4. Mar 24Became chapter 39 of Oregon Laws 2016, in force from March 14, 2016
All 19 actions, as published
  1. Jan 27Presession Released to the Public.House of Representatives
  2. Feb 1First reading. Referred to Speaker's desk.House of Representatives
  3. Feb 1Referred to Consumer Protection and Government Effectiveness.House of Representatives
  4. Feb 9Public Hearing held.House of Representatives
  5. Feb 11Work Session held.House of Representatives
  6. Feb 15Recommendation: Do pass with amendments and be printed A-Engrossed.House of Representatives
  7. Feb 16Second reading.House of Representatives
  8. Feb 17Third reading. Carried by Hack. Passed.House of Representatives
  9. Feb 18First reading. Referred to President's desk.Senate
  10. Feb 18Referred to Business and Transportation.Senate
  11. Feb 22Public Hearing and Work Session held.Senate
  12. Feb 24Recommendation: Do pass the A-Eng. bill.Senate
  13. Feb 24Second reading.Senate
  14. Feb 25Carried over to 02-26 by unanimous consent.Senate
  15. Feb 26Third reading. Carried by Beyer. Passed.Senate
  16. Mar 1Speaker signed.House of Representatives
  17. Mar 2President signed.Senate
  18. Mar 14Governor signed.House of Representatives
  19. Mar 24Chapter 39, (2016 Laws): Effective date March 14, 2016.House of Representatives