summary
Introduced
11/29/2017
11/29/2017
In Committee
12/13/2017
12/13/2017
Crossed Over
Passed
Dead
03/11/2018
03/11/2018
Introduced Session
2018 Regular Session
Bill Summary
Authorizing social purpose corporations and benefit corporations to omit certain information from annual benefit reports; requiring that annual benefit reports expressly state that such information was omitted, etc.
AI Summary
This bill authorizes social purpose corporations and benefit corporations to omit certain confidential information from their annual benefit reports, as long as they expressly state that such information was omitted. It also allows the Florida Office of Financial Regulation to approve special stock offering plans for banks and trust companies whose capital accounts have been diminished by losses, without a shareholder vote in certain cases. Additionally, the bill clarifies that the Florida Business Corporation Act, including the provisions for social purpose and benefit corporations, applies to state banks and trust companies formed under the financial institutions codes.
Committee Categories
Business and Industry, Justice
Sponsors (1)
Last Action
Laid on Table, refer to HB 1285 (on 03/05/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.flsenate.gov/Session/Bill/2018/1028 |
| BillText | http://www.flsenate.gov/Session/Bill/2018/1028/BillText/Filed/HTML |
| Bill | http://www.flsenate.gov/Session/Bill/2018/1028/BillText/Filed/PDF |
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