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CS/CS/SB 1198: Corporate Actions

GENERAL BILL by Rules ; Commerce and Tourism ; Martin

Corporate Actions; Providing that a defective corporate action is not void or voidable in certain circumstances; requiring the board of directors to take certain action to ratify a defective corporate action; providing quorum and voting requirements for the ratification of certain defective corporate actions; requiring that notice be given to shareholders of certain corporate action taken by the board of directors; providing that notice is not required for holders of certain shares whose identities or addresses for notice cannot be determined, etc.

Effective Date: 7/1/2024
 Last Action: 3/5/2024 Senate - Ordered enrolled
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Rules (RC)

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  • Bill History

    Date Chamber Action
    1/3/2024 Senate • Filed
    1/8/2024 Senate • Referred to Commerce and Tourism; Rules
    1/9/2024 Senate • Introduced
    1/18/2024 Senate • On Committee agenda-- Commerce and Tourism, 01/23/24, 1:00 pm, 110 Senate Building
    1/23/2024 Senate • CS by Commerce and Tourism; YEAS 5 NAYS 0
    1/24/2024 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • CS by Commerce and Tourism read 1st time
    1/25/2024 Senate • Now in Rules
    2/5/2024 Senate • On Committee agenda-- Rules, 02/08/24, 8:30 am, 412 Knott Building
    2/8/2024 Senate • CS/CS by- Rules; YEAS 20 NAYS 0
    2/9/2024 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
    • Placed on Calendar, on 2nd reading
    • Placed on Special Order Calendar, 02/14/24
    2/13/2024 Senate • CS/CS by Rules read 1st time
    2/14/2024 Senate • Read 2nd time -SJ 390
    • Read 3rd time -SJ 390
    • CS passed; YEAS 39 NAYS 0 -SJ 390
    • Immediately certified -SJ 391
    2/14/2024 House • In Messages
    3/1/2024 House • Bill referred to House Calendar
    • Bill added to Special Order Calendar (3/4/2024)
    • 1st Reading (Committee Substitute 2)
    3/4/2024 House • Read 2nd time
    • Placed on 3rd reading
    • Added to Third Reading Calendar
    3/5/2024 House • Read 3rd time
    • CS passed; YEAS 114, NAYS 0
    3/5/2024 Senate • Ordered enrolled

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  • CS/CS/SB 1198, Enrolled (Current Bill Version) Posted 3/5/2024 at 3:17 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1189 (c1) Corporate Actions Regulatory Reform & Economic Development Subcommittee Similar Last Action: 3/4/2024 H Laid on Table Track This Bill

    Citations - Statutes (26)

    Citation Catchline Location in Bill Location In Bill Help
    39.8298 Guardian Ad Litem direct-support organization. Page 29 (pdf)
    252.71 Florida Emergency Management Assistance Foundation. Page 29 (pdf)
    288.012 State of Florida international offices; direct-support organization. Page 30 (pdf)
    605.0113 Registered agent. Page 27 (pdf)
    605.0115 Resignation of registered agent. Page 20 (pdf)
    605.0207 Effective date and time. Page 25 (pdf)
    605.0213 Fees of the department. Page 24 (pdf)
    607.0122 Fees for filing documents and issuing certificates. Page 24 (pdf)
    607.0145 Page 5 (pdf)
    607.0146 Page 7 (pdf)
    607.0147 Page 8 (pdf)
    607.0148 Page 10 (pdf)
    607.0149 Page 12 (pdf)
    607.0150 Page 14 (pdf)
    607.0151 Page 15 (pdf)
    607.0152 Page 17 (pdf)
    607.0501 Registered office and registered agent. Page 28 (pdf)
    607.0503 Resignation of registered agent. Page 21 (pdf)
    607.193 Supplemental corporate fee. Page 28 (pdf)
    617.0122 Fees for filing documents and issuing certificates. Page 25 (pdf)
    617.0501 Registered office and registered agent. Page 28 (pdf)
    617.0502 Change of registered office or registered agent; resignation of registered agent. Page 22 (pdf)
    617.0503 Registered agent; duties; confidentiality of investigation records. Page 33 (pdf)
    617.1807 Conversion to corporation not for profit; authority of circuit judge. Page 30 (pdf)
    617.2006 Incorporation of labor unions or bodies. Page 31 (pdf)
    658.23 Submission of articles of incorporation; contents; form; approval; filing; commencement of corporate existence; bylaws. Page 27 (pdf)

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  • CS/CS/SB 1198, Committee Substitute 2 Posted 2/9/2024 at 8:09 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1189 (c1) Corporate Actions Regulatory Reform & Economic Development Subcommittee Similar Last Action: 3/4/2024 H Laid on Table Track This Bill

    Floor Votes (2)

    Date Chamber Result
    2/14/2024 3:45 PM Senate 39 Yeas - 0 Nays
    3/5/2024 12:32 PM House 114 Yeas - 0 Nays

    Citations - Statutes (26)

    Citation Catchline Location in Bill Location In Bill Help
    39.8298 Guardian Ad Litem direct-support organization. Page 29 (pdf)
    252.71 Florida Emergency Management Assistance Foundation. Page 29 (pdf)
    288.012 State of Florida international offices; direct-support organization. Page 30 (pdf)
    605.0113 Registered agent. Page 27 (pdf)
    605.0115 Resignation of registered agent. Page 20 (pdf)
    605.0207 Effective date and time. Page 25 (pdf)
    605.0213 Fees of the department. Page 24 (pdf)
    607.0122 Fees for filing documents and issuing certificates. Page 24 (pdf)
    607.0145 Page 5 (pdf)
    607.0146 Page 7 (pdf)
    607.0147 Page 8 (pdf)
    607.0148 Page 10 (pdf)
    607.0149 Page 12 (pdf)
    607.0150 Page 14 (pdf)
    607.0151 Page 15 (pdf)
    607.0152 Page 17 (pdf)
    607.0501 Registered office and registered agent.
    607.0503 Resignation of registered agent. Page 21 (pdf)
    607.193 Supplemental corporate fee. Page 28 (pdf)
    617.0122 Fees for filing documents and issuing certificates. Page 25 (pdf)
    617.0501 Registered office and registered agent. Page 28 (pdf)
    617.0502 Change of registered office or registered agent; resignation of registered agent. Page 22 (pdf)
    617.0503 Registered agent; duties; confidentiality of investigation records. Page 33 (pdf)
    617.1807 Conversion to corporation not for profit; authority of circuit judge. Page 30 (pdf)
    617.2006 Incorporation of labor unions or bodies. Page 31 (pdf)
    658.23 Submission of articles of incorporation; contents; form; approval; filing; commencement of corporate existence; bylaws. Page 27 (pdf)

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  • CS/SB 1198, Committee Substitute 1 Posted 1/24/2024 at 12:16 PM

    Bill Text:   Web Page | PDF
    Analyses:   Rules (Pre-Meeting) 2/7/2024 (pdf)
    Rules (Post-Meeting) 2/8/2024 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1189 (c1) Corporate Actions Regulatory Reform & Economic Development Subcommittee Similar Last Action: 3/4/2024 H Laid on Table Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    422858 - Amendment
    Delete lines 418 - 649 and insert:     		Rules
    (Martin)     		2/7/2024
    11:03 AM     		Replaced by Committee Substitute
    2/8/2024     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    2/8/2024 8:30 AM Rules 20 Yeas - 0 Nays

    Citations - Statutes (26)

    Citation Catchline Location in Bill Location In Bill Help
    39.8298 Guardian Ad Litem direct-support organization. Page 29 (pdf)
    252.71 Florida Emergency Management Assistance Foundation. Page 29 (pdf)
    288.012 State of Florida international offices; direct-support organization. Page 30 (pdf)
    605.0113 Registered agent. Page 27 (pdf)
    605.0115 Resignation of registered agent. Page 20 (pdf)
    605.0207 Effective date and time. Page 25 (pdf)
    605.0213 Fees of the department. Page 24 (pdf)
    607.0122 Fees for filing documents and issuing certificates. Page 24 (pdf)
    607.0145 Page 5 (pdf)
    607.0146 Page 7 (pdf)
    607.0147 Page 8 (pdf)
    607.0148 Page 10 (pdf)
    607.0149 Page 12 (pdf)
    607.0150 Page 14 (pdf)
    607.0151 Page 15 (pdf)
    607.0152 Page 17 (pdf)
    607.0501 Registered office and registered agent.
    607.0503 Resignation of registered agent. Page 21 (pdf)
    607.193 Supplemental corporate fee. Page 28 (pdf)
    617.0122 Fees for filing documents and issuing certificates. Page 25 (pdf)
    617.0501 Registered office and registered agent. Page 28 (pdf)
    617.0502 Change of registered office or registered agent; resignation of registered agent. Page 22 (pdf)
    617.0503 Registered agent; duties; confidentiality of investigation records. Page 33 (pdf)
    617.1807 Conversion to corporation not for profit; authority of circuit judge. Page 30 (pdf)
    617.2006 Incorporation of labor unions or bodies. Page 31 (pdf)
    658.23 Submission of articles of incorporation; contents; form; approval; filing; commencement of corporate existence; bylaws. Page 27 (pdf)

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  • SB 1198, Original Filed Version Posted 1/3/2024 at 9:36 AM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce and Tourism (Pre-Meeting) 1/22/2024 (pdf)
    Commerce and Tourism (Post-Meeting) 1/24/2024 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1189 Corporate Actions Regulatory Reform & Economic Development Subcommittee Similar Last Action: 3/4/2024 H Laid on Table Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    400960 - Amendment
    Delete lines 121 - 947 and insert:     		Commerce and Tourism
    (Martin)     		1/23/2024
    8:20 AM
    (Late Filed)     		Replaced by Committee Substitute
    1/23/2024     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    1/23/2024 1:00 PM Commerce and Tourism 5 Yeas - 0 Nays

    Citations - Statutes (30)

    Citation Catchline Location in Bill Location In Bill Help
    39.8298 Guardian Ad Litem direct-support organization. Page 33 (pdf)
    252.71 Florida Emergency Management Assistance Foundation. Page 34 (pdf)
    288.012 State of Florida international offices; direct-support organization. Page 34 (pdf)
    605.0113 Registered agent. Page 31 (pdf)
    605.0115 Resignation of registered agent. Page 20 (pdf)
    605.0207 Effective date and time. Page 29 (pdf)
    605.0213 Fees of the department. Page 28 (pdf)
    607.0120 Filing requirements. Page 32 (pdf)
    607.0122 Fees for filing documents and issuing certificates. Page 28 (pdf)
    607.0145 Page 5 (pdf)
    607.0146 Page 7 (pdf)
    607.0147 Page 8 (pdf)
    607.0148 Page 10 (pdf)
    607.0149 Page 12 (pdf)
    607.0150 Page 14 (pdf)
    607.0151 Page 14 (pdf)
    607.0152 Page 16 (pdf)
    607.0501 Registered office and registered agent. Page 31 (pdf)
    607.0503 Resignation of registered agent. Page 22 (pdf)
    607.1507 Registered office and registered agent of foreign corporation. Page 33 (pdf)
    607.1509 Resignation of registered agent of foreign corporation. Page 23 (pdf)
    607.193 Supplemental corporate fee. Page 32 (pdf)
    617.0122 Fees for filing documents and issuing certificates. Page 28 (pdf)
    617.0501 Registered office and registered agent. Page 37 (pdf)
    617.0502 Change of registered office or registered agent; resignation of registered agent. Page 25 (pdf)
    617.0503 Registered agent; duties; confidentiality of investigation records. Page 38 (pdf)
    617.1807 Conversion to corporation not for profit; authority of circuit judge. Page 35 (pdf)
    617.2006 Incorporation of labor unions or bodies. Page 36 (pdf)
    620.1116 Resignation of registered agent. Page 26 (pdf)
    658.23 Submission of articles of incorporation; contents; form; approval; filing; commencement of corporate existence; bylaws. Page 31 (pdf)

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