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HB587

Consumer arbitration; private arbitration company, information reporting requirement.

Status:
Killed

Chief Patron:
Paul Krizek (D)

Session:
2018 Regular Session

Summary

As Introduced. Consumer arbitration; private arbitration company; information reporting requirement.

Requires a private arbitration company, as defined in the bill, to collect, maintain, and make available to the public on a searchable website certain information related to arbitrations such company facilitates between consumers and nonconsumers. The bill further requires that such information be published on an annual basis by February 1 for the preceding calendar year and be maintained as long as such private arbitration company is in business. The bill provides that any private arbitration company that is authorized or registered by or with the State Corporation Commission to transact business in the Commonwealth shall have such authority revoked or canceled for failing to comply with the requirements specified in the bill. (Less)

  • Bill History

  • 01/08/2018 - House: Prefiled and ordered printed; offered 01/10/18 18100850D
  • 01/08/2018 - House: Referred to Committee on Commerce and Labor
  • 01/18/2018 - House: Referred from Commerce and Labor
  • 01/18/2018 - House: Referred to Committee for Courts of Justice
  • 01/23/2018 - House: Assigned Courts sub: Subcommittee #2
  • 01/23/2018 - House: Impact statement from SCC (HB587)
  • 01/26/2018 - House: Subcommittee recommends continuing to 2019
  • 01/31/2018 - House: Subcommittee recommends laying on the table (8-Y 0-N)
  • 02/15/2018 - House: Left in Courts of Justice

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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