HB 580-FN (1996): allowing the formation of and regulating limited liability partnerships, providing for registration fees, and relative to the application of the real estate transfer tax.

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“HB 580-FN (1996): allowing the formation of and regulating limited liability partnerships, providing for registration fees, and relative to the application of the real estate transfer tax.” Granite Record, https://graniterecord.org/bill/1996/hb580. Accessed 24 Oct. 2026.
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Granite Record. (n.d.). HB 580-FN (1996): allowing the formation of and regulating limited liability partnerships, providing for registration fees, and relative to the application of the real estate transfer tax. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/1996/hb580
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Granite Record. “HB 580-FN (1996): allowing the formation of and regulating limited liability partnerships, providing for registration fees, and relative to the application of the real estate transfer tax.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1996/hb580.
BibTeX
@misc{bill-1996-hb580, title = {HB 580-FN (1996): allowing the formation of and regulating limited liability partnerships, providing for registration fees, and relative to the application of the real estate transfer tax.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1996/hb580}, note = {Accessed 24 Oct. 2026} }

HB 580-FN (1996)

allowing the formation of and regulating limited liability partnerships, providing for registration fees, and relative to the application of the real estate transfer tax.

  • Status: Signed into law
  • Term: 1995-1996
  • House committee: Commerce, Small Business, Consumer Affairs and Economic Development
  • Senate committee: Banks
  • Subject: Miscellaneous
  • Chapter law: 212

The Story

It was introduced on January 5, 1995 and referred to the House Commerce, Small Business, Consumer Affairs and Economic Development committee. The committee held a public hearing on February 14, 1995. The committee held work sessions on February 16, 1995 and February 28, 1995. The majority of the committee recommended that the House send it back to committee by a vote of 10–6. On March 9, 1995 the bill was referred to the Commerce, Small Business, Consumer Affairs and Economic Development committee. The committee held work sessions on September 20, 1995 and October 4, 1995. The majority of the committee recommended that the House pass it with changes by a vote of 12–6. On January 3, 1996 the House voted to pass it with changes on a voice vote, then referred it on to the House Finance committee. The committee held a public hearing on January 15, 1996. The committee voted unanimously, 23–0, to recommend that the House pass it with changes, and the report was placed on the consent calendar. On January 25, 1996 the House voted to pass it with changes. It crossed to the Senate on February 8, 1996 and was referred to the Senate Banks committee. The committee held a public hearing on March 19, 1996. The committee voted unanimously, 6–0, to recommend that the Senate pass it with changes. On April 18, 1996 the Senate voted to pass it with changes on a voice vote. On May 1, 1996 the House voted to agree to the other chamber's changes on a voice vote. An enrolled bill amendment (6006) was adopted on a voice vote on May 16, 1996. These correct technical errors found after passage. An enrolled bill amendment () was adopted on a voice vote on May 29, 1996. These correct technical errors found after passage. The bill was enrolled on May 29, 1996 — the final check of the text before it goes to the governor. The governor signed it on June 10, 1996, making it Chapter 212 of the session laws. It took effect on July 1, 1996.

Sponsors

  • Rep. Mercer (Hills 27) (prime sponsor)
  • Rep. Syracusa (Rock 33)

Hearings and Sessions

  • February 14, 1995, 2:30 PM: hearing, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • February 16, 1995, 9:00 AM: subcommittee work session, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • February 28, 1995, 9:00 AM: subcommittee work session, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • September 20, 1995, 10:00 AM: subcommittee work session, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • October 4, 1995, 10:00 AM: subcommittee work session, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • January 15, 1996, 10:00 AM: hearing, House Finance, RM100, ST HOUSE
  • March 19, 1996, 1:20 PM: hearing, Senate Banks, RM103,LOB

Votes

  • January 3, 1996, House: Ought to Pass with Amendment — voice vote, passed
  • April 18, 1996, Senate: Ought to Pass with Amendment — voice vote, passed
  • May 1, 1996, House: Concur — voice vote, passed

The Docket

  • January 5, 1995: INTRODUCED AND REF TO COMMERCE; HJ11,P161
  • January 13, 1995: COPY TO CHAIRMAN ON 01/17/95 DUE ON 03/01/95
  • February 14, 1995: HEARING FEB14 02:30 RM302,LOB FOR: COMMERCE
  • February 16, 1995: SUBCOM WORK SESSION FEB16 09:00 RM302,LOB FOR: COMMERCE
  • February 28, 1995: SUBCOM WORK SESSION FEB28 09:00 RM302,LOB FOR: COMMERCE
  • March 1, 1995: MAJ REPORT RE-REF FOR MAR09 (VOTE 10-6)
  • March 9, 1995: RE-REFERRED TO COMMERCE VV; HJ35,P964
  • September 20, 1995: RE-REF SUBCOM WORK SESSION SEP20 10:00 RM302,LOB FOR: COMM
  • October 4, 1995: RE-REF SUBCOM WORK SESSION OCT04 10:00 RM302,LOB FOR: COMM
  • October 25, 1995: RE-REF MAJ REPORT OTP/AM FOR 1996 SESSION (VOTE 12-6)
  • October 25, 1995: PROP RE-REF MAJ AM<3777>; HC101,P2438-2443
  • January 3, 1996: COMM AM, AA VV; PASSED WITH AM AND REF TO FINANCE VV; HJ4,P156-62
  • January 15, 1996: HEARING JAN15 10:00 RM100, ST HOUSE FOR: FINANCE
  • January 18, 1996: FIN COMM REPORT OTP/AM FOR JAN25 (VOTE 23-0;CC)
  • January 18, 1996: PROP FIN COMM AM<4359>; HC10,P367-372
  • January 25, 1996: PASSED WITH AM; HJ14,P449-454 + 466
  • February 8, 1996: INTRODUCED AND REF TO BANKS; SJ6,P69
  • March 19, 1996: HEARING MAR19 01:20 RM103,LOB FOR: BANKS
  • April 17, 1996: COMM REPORT OTP/AM APR18 (VOTE 6-0)
  • April 17, 1996: PROP COMM AM<5758>(NEW TITLE); SC26,P5-14
  • April 18, 1996: COMM AM, AA VV; PASSED WITH AM VV; SJ20,P331-340 + 375
  • May 1, 1996: HOUSE CONC WITH SEN AM, REP B PACKARD MA VV; HJ59,P1946
  • May 16, 1996: ENROLLED AM<6006>, AA VV; SJ24,P484
  • May 29, 1996: ENROLLED AM, AA VV; HJ69,P2110
  • May 29, 1996: ENROLLED; HJ72,P2168
  • May 29, 1996: ENROLLED; SJ25,P567
  • June 10, 1996: SIGNED BY GOVERNOR 06/10/96 EFF: 07/01/96* CHAP.0212

Laws It Would Change

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