Cole Wist
- Republican
Primary
The bill: Authorizes a limited cooperative association to operate as a public benefit corporation; Deletes the requirement that a public benefit corporation's entity name explicitly refer to its status as a public benefit corporation, and instead requires that before issuing shares of stock or disposing of treasury shares that are not required to be federally registered, the public benefit corporation must provide notice to the person to whom the stock is issued or who acquires the treasury shares that it is a public benefit corporation ( section 1 of the bill); Subjects transactions to opt out of status as a public benefit corporation to the requirement to get shareholder approval ( section 2 ); Clarifies the requirements applicable to the filing of the annual public benefit report ( section 4 ); Clarifies that the existence of a provision of the public benefit corporation law does not of itself create an implication that a contrary or different rule of law is or would be applicable to an entity that is not a public benefit corporation ( section 5 ); and Appropriates $30,488 from the department of state cash fund to the department of state for the implementation of the act.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed - No Amendments
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
Senate Committee on Business, Labor, & Technology Refer Unamended to Appropriations
Introduced In Senate - Assigned to Business, Labor, & Technology
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Committee on Appropriations Refer Amended to House Committee of the Whole
House Committee on Business Affairs and Labor Refer Unamended to Appropriations
Introduced In House - Assigned to Business Affairs and Labor
| Bill Text Versions | Format |
|---|---|
| Committee Amendment | |
| PA1 (03/31/2017) | |
| Introduced (02/22/2017) | |
| Engrossed (03/31/2017) | |
| Reengrossed (04/03/2017) | |
| Revised (04/18/2017) | |
| Rerevised (04/19/2017) | |
| Final Act (05/01/2017) | |
| Signed Act (06/06/2017) |
| Document | Format |
|---|---|
| Fiscal Note SA1 (03/31/2017) | |
| Fiscal Note FN1 (03/08/2017) | |
| Fiscal Note FN2 (08/04/2017) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.