SB896
Racketeering offenses; penalty.
Summary
As Passed Both Chambers. Racketeering offenses; penalty.
Adds petit larceny to the list of offenses included in the definition of "racketeering activity." The bill prohibits any person who is directed by an organizer, supervisor, or manager of an enterprise from (i) receiving or distributing any proceeds known to have been derived directly from racketeering activity and (ii) ... (More) using or investing an aggregate of $10,000 or more of such proceeds in the acquisition of any title to, or any right, interest, or equity in, real property, or in the establishment or operation of any enterprise. A first offense is punishable by between five and 40 years' imprisonment and a fine of not more than $1 million, and a second or subsequent offense is punishable as a Class 2 felony and a fine of not more than $2 million. (Less)-
Bill History
- 01/05/2023 - Senate: Prefiled and ordered printed; offered 01/11/23 23103447D
- 01/05/2023 - Senate: Referred to Committee on the Judiciary
- 01/06/2023 - Senate: Impact statement from VCSC (SB896)
- 01/17/2023 - Senate: Impact statement from DPB (SB896)
- 01/30/2023 - Senate: Reported from Judiciary (8-Y 7-N)
- 01/30/2023 - Senate: Rereferred to Finance and Appropriations
- 02/02/2023 - Senate: Reported from Finance and Appropriations (16-Y 0-N)
- 02/03/2023 - Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/06/2023 - Senate: Read second time and engrossed
- 02/07/2023 - Senate: Read third time and passed Senate (32-Y 8-N)
- 02/07/2023 - Senate: Reconsideration of passage agreed to by Senate (40-Y 0-N)
- 02/07/2023 - Senate: Passed Senate (26-Y 14-N) Close Floor Vote
- 02/10/2023 - House: Placed on Calendar
- 02/10/2023 - House: Read first time
- 02/10/2023 - House: Referred to Committee for Courts of Justice
- 02/13/2023 - House: Reported from Courts of Justice with substitute (11-Y 8-N)
- 02/13/2023 - House: Committee substitute printed 23106688D-H1
- 02/14/2023 - Senate: Impact statement from VCSC (SB896H1)
- 02/15/2023 - House: Read second time
- 02/16/2023 - House: Read third time
- 02/16/2023 - House: Committee substitute agreed to 23106688D-H1
- 02/16/2023 - House: Engrossed by House - committee substitute SB896H1
- 02/16/2023 - House: Passed House with substitute (52-Y 47-N)
- 02/16/2023 - House: VOTE: Passage (52-Y 47-N) Close Floor Vote
- 02/16/2023 - Senate: Impact statement from DPB (SB896H1)
- 02/20/2023 - Senate: House substitute agreed to by Senate (34-Y 6-N)
- 02/20/2023 - Senate: Title replaced 23106688D-H1
- 02/20/2023 - Senate: Reconsideration of House substitute agreed to by Senate (40-Y 0-N)
- 02/20/2023 - Senate: House substitute agreed to by Senate (21-Y 19-N) Close Floor Vote
- 02/23/2023 - Senate: Enrolled
- 02/23/2023 - Senate: Bill text as passed Senate and House (SB896ER)
- 02/23/2023 - Senate: Impact statement from DPB (SB896ER)
- 02/23/2023 - House: Signed by Speaker
- 02/25/2023 - Senate: Signed by President
- 03/02/2023 - Senate: Enrolled Bill Communicated to Governor on March 2, 2023
- 03/02/2023 - Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
- 03/26/2023 - Governor: Approved by Governor-Chapter 608 (effective 7/1/23)
- 03/26/2023 - Governor: Acts of Assembly Chapter text (CHAP0608)
