Date: 03/03/2015

Final
BILL SUMMARY for SB15-049

HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR

Votes: View--> Action Taken:
Refer Senate Bill 15-049 to the Committee of the WPASS



01:37 PM -- SB 15-049

Representative Keyser, sponsor, introduced Senate Bill 15-049. Current law specifies that when a grantee of a deed is a corporation whose incorporation papers have not yet been filed, title to the real estate vests in the corporation once the papers are filed. The bill expands this law to apply to all entities, specifying that the title vests once the entity is formed.

Representative Keyser responded to questions from the committee.
BILL:SB15-049
TIME: 01:39:20 PM
MOVED:Kraft-Tharp
MOTION:Refer Senate Bill 15-049 to the Committee of the Whole. The motion passed on a vote of 12-0.
SECONDED:Keyser
VOTE
Arndt
Yes
Garnett
Yes
Keyser
Yes
Navarro
Yes
Nordberg
Yes
Pabon
Excused
Rosenthal
Yes
Roupe
Yes
Tate
Yes
Thurlow
Yes
Winter
Yes
Kraft-Tharp
Yes
Williams
Yes
Final YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS




01:40 PM

The committee adjourned.