Senate Bill 654 (2014) - The Florida Senate

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CS/CS/SB 654: Business Organizations

GENERAL BILL by Judiciary ; Commerce and Tourism ; Clemens ; (CO-INTRODUCERS) Richter

Business Organizations; Providing additional exceptions regarding the requirement that limited liability company names be distinguishable from the names of other entities or filings; providing additional exceptions regarding the requirement that corporate names be distinguishable; providing that the amendment of articles of incorporation or the merger, conversion, or share exchange of a social purpose or benefit corporation entitles the shareholders to appraisal rights; establishing requirements for the formation of a social purpose corporation and the formation of a benefit corporation, etc.

Effective Date: 7/1/2014
Last Action: 4/29/2014 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 685 (Ch. 2014-209) -SJ 801
Bill Text: Web Page | PDF

Senate Committee References:

Commerce and Tourism (CM)
Judiciary (JU)
Rules (RC)

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Bill History

Date	Chamber	Action
1/16/2014	Senate	• Filed
1/28/2014	Senate	• Referred to Commerce and Tourism; Judiciary; Rules -SJ 54
2/10/2014	Senate	• On Committee agenda-- Commerce and Tourism, 02/17/14, 4:00 pm, 110 Senate Office Building
2/17/2014	Senate	• CS by Commerce and Tourism; YEAS 9 NAYS 0 -SJ 139
2/19/2014	Senate	• Pending reference review under Rule 4.7(2) - (Committee Substitute) • Now in Judiciary -SJ 139
3/4/2014	Senate	• Introduced -SJ 54 • CS by Commerce and Tourism read 1st time -SJ 129
3/13/2014	Senate	• On Committee agenda-- Judiciary, 03/18/14, 8:00 am, 110 Senate Office Building
3/18/2014	Senate	• CS/CS by Judiciary; YEAS 9 NAYS 0 -SJ 305
3/19/2014	Senate	• Pending reference review under Rule 4.7(2) - (Committee Substitute)
3/20/2014	Senate	• CS/CS by Judiciary read 1st time -SJ 306
3/21/2014	Senate	• Now in Rules -SJ 305 • On Committee agenda-- Rules, 03/26/14, 4:00 pm, 110 Senate Office Building
3/26/2014	Senate	• Favorable by- Rules; YEAS 12 NAYS 0 -SJ 355
3/27/2014	Senate	• Placed on Calendar, on 2nd reading -SJ 355
4/24/2014	Senate	• Placed on Special Order Calendar, 04/29/14
4/29/2014	Senate	• Read 2nd time -SJ 800 • Substituted CS/CS/HB 685 -SJ 801 • Laid on Table, companion bill(s) passed, see CS/CS/HB 685 (Ch. 2014-209) -SJ 801

Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
H 685 (er)	Business Organizations	Rooney, Workman	Identical	Last Action: 6/20/2014 Chapter No. 2014-209 Location: Became Law

Version	Posted	Format
S 654 Filed	1/16/2014 9:20 AM	Web Page \| PDF
S 654 c1	2/19/2014 12:54 PM	Web Page \| PDF
S 654 c2	4/7/2014 11:50 AM	Web Page \| PDF

Committee Amendments

S 654 Filed
Amendment	Sponsor	Filed	Last Committee Action	Format
380342 - Amendment (Delete All) Delete everything after the enacting clause and insert:	Commerce and Tourism (Abruzzo)	2/14/2014 4:10 PM	Replaced by Committee Substitute 2/18/2014	Web Page PDF

S 654 c1
Amendment	Sponsor	Filed	Last Committee Action	Format
609448 - Amendment Delete lines 142 - 145 and insert:	Judiciary (Ring)	3/14/2014 5:12 PM	Replaced by Committee Substitute 3/19/2014	Web Page PDF
394950 - Amendment Delete line 366 and insert:	Judiciary (Ring)	3/14/2014 5:12 PM	Replaced by Committee Substitute 3/19/2014	Web Page PDF

Floor Amendments

S 654 c2
Amendments	Sponsor	Filed	Last Floor Action	Format
486112 - Amendment Between lines 104 and 105 insert:	Flores	4/28/2014 9:48 AM	Senate: Withdrawn 4/29/2014	Web Page PDF

Bill Analyses

Type	Analysis	Author	Posted	Format
Bill Analysis	S 654	Commerce and Tourism (Pre-Meeting)	2/14/2014 4:15 PM	PDF
Bill Analysis	S 654	Commerce and Tourism (Post-Meeting)	2/19/2014 11:33 AM	PDF
Bill Analysis	S 654	Judiciary (Pre-Meeting)	3/17/2014 8:06 AM	PDF
Bill Analysis	S 654	Judiciary (Post-Meeting)	3/19/2014 4:00 PM	PDF
Bill Analysis	S 654	Rules (Pre-Meeting)	3/25/2014 10:51 AM	PDF
Bill Analysis	S 654	Rules (Post-Meeting)	3/26/2014 6:34 PM	PDF

Version	Committee	Date	Result
S 654 Filed	Commerce and Tourism	2/17/2014 4:00 PM	9 Yeas - 0 Nays
S 654 c1	Judiciary	3/18/2014 8:00 AM	9 Yeas - 0 Nays
S 654 c2	Rules	3/26/2014 4:00 PM	12 Yeas - 0 Nays

Citations - Statutes (71)

Citation	Catchline	Location in Bill Location In Bill Help
48.091	Corporations; designation of registered agent and registered office.	Page 43 (pdf)
215.555	Florida Hurricane Catastrophe Fund.	Page 43 (pdf)
243.54	Powers of the authority.	Page 47 (pdf)
310.171	Pilots may incorporate themselves.	Page 47 (pdf)
310.181	Corporate powers.	Page 48 (pdf)
329.10	Aircraft registration.	Page 48 (pdf)
339.412	Powers of corporation.	Page 48 (pdf)
420.101	Housing Development Corporation of Florida; creation, membership, and purposes.	Page 50 (pdf)
420.111	Housing Development Corporation of Florida; additional powers.	Page 50 (pdf)
420.161	Housing Development Corporation of Florida; period of existence; method of dissolution.	Page 53 (pdf)
440.02	Definitions.	Page 54 (pdf)
440.386	Individual self-insurers’ insolvency; conservation; liquidation.	Page 54 (pdf)
605.0112	Name.	Page 4 (pdf)
607.0101	Short title.	Page 5 (pdf)
607.0401	Corporate name.	Page 6 (pdf)
607.1302	Right of shareholders to appraisal.	Page 7 (pdf)
607.501		Page 10 (pdf)
607.502		Page 10 (pdf)
607.503		Page 15 (pdf)
607.504		Page 15 (pdf)
607.505		Page 16 (pdf)
607.506		Page 17 (pdf)
607.507		Page 18 (pdf)
607.508		Page 19 (pdf)
607.509		Page 20 (pdf)
607.510		Page 21 (pdf)
607.511		Page 22 (pdf)
607.512		Page 23 (pdf)
607.513		Page 25 (pdf)
607.601		Page 26 (pdf)
607.602		Page 26 (pdf)
607.603		Page 31 (pdf)
607.604		Page 31 (pdf)
607.605		Page 32 (pdf)
607.606		Page 33 (pdf)
607.607		Page 33 (pdf)
607.608		Page 35 (pdf)
607.609		Page 36 (pdf)
607.610		Page 37 (pdf)
607.611		Page 38 (pdf)
607.612		Page 39 (pdf)
607.613		Page 40 (pdf)
609.08	Merger of association into wholly owned subsidiary corporation; dissenters’ rights of appraisal.	Page 54 (pdf)
617.0401	Corporate name.	Page 41 (pdf)
617.1908	Applicability of Florida Business Corporation Act.	Page 55 (pdf)
618.221	Conversion into a corporation for profit.	Page 56 (pdf)
619.04	Articles of incorporation.	Page 57 (pdf)
620.1108	Name.	Page 43 (pdf)
624.430	Withdrawal of insurer or discontinuance of writing certain kinds or lines of insurance.	Page 58 (pdf)
624.462	Commercial self-insurance funds.	Page 58 (pdf)
624.489	Liability of trustees of self-insurance trust fund and directors of self-insurance funds operating as corporations.	Page 58 (pdf)
628.041	Applicability of general corporation statutes.	Page 59 (pdf)
631.262	Transfers prior to petition.	Page 59 (pdf)
636.204	License required.	Page 59 (pdf)
641.2015	Incorporation required.	Page 60 (pdf)
655.0201	Service of process, notice, or demand on financial institutions.	Page 61 (pdf)
658.23	Submission of articles of incorporation; contents; form; approval; filing; commencement of corporate existence; bylaws.	Page 61 (pdf)
658.2953	Interstate branching.	Page 62 (pdf)
658.30	Application of the Florida Business Corporation Act.	Page 62 (pdf)
658.36	Changes in capital.	Page 63 (pdf)
663.03	Applicability of chapter 607.	Page 64 (pdf)
663.04	Requirements for carrying on financial institution business.	Page 64 (pdf)
663.301	Definitions.	Page 65 (pdf)
663.306	Decision by office.	Page 65 (pdf)
663.313	Ownership of stock.	Page 66 (pdf)
718.111	The association.	Page 66 (pdf)
719.104	Cooperatives; access to units; records; financial reports; assessments; purchase of leases.	Page 67 (pdf)
720.302	Purposes, scope, and application.	Page 67 (pdf)
720.306	Meetings of members; voting and election procedures; amendments.	Page 67 (pdf)
766.101	Medical review committee, immunity from liability.	Page 68 (pdf)
865.09	Fictitious name registration.	Page 70 (pdf)

Citations - Constitution (0)

No Constitutional citations.

Citations - Chapter Law (0)

No Chapter Law citations.

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CS/CS/SB 654: Business Organizations

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