SB 425 (2018): relative to limited liability companies.
Cite this page
Granite Record indexes the General Court’s record; it is not that record. Where a citation allows only one source, cite the General Court — every page here links to what it is drawn from. The date below is the day the page was read.
- MLA
- “SB 425 (2018): relative to limited liability companies.” Granite Record, https://graniterecord.org/bill/2018/sb425. Accessed 24 Oct. 2026.
- APA
- Granite Record. (n.d.). SB 425 (2018): relative to limited liability companies. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/2018/sb425
- Chicago
- Granite Record. “SB 425 (2018): relative to limited liability companies.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/2018/sb425.
- BibTeX
@misc{bill-2018-sb425, title = {SB 425 (2018): relative to limited liability companies.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2018/sb425}, note = {Accessed 24 Oct. 2026} }
SB 425 (2018)
relative to limited liability companies.
- Status: Signed into law
- Term: 2017-2018
- House committee: Commerce and Consumer Affairs
- Senate committee: Commerce
- Subject: Miscellaneous
- Chapter law: 222
The Story
It was introduced on January 3, 2018 and referred to the Senate Commerce committee. The committee held a public hearing on February 13, 2018. The committee recommended that the Senate pass it. On February 22, 2018 the Senate voted to pass it on a voice vote and ordered it to a third reading. It crossed to the House on March 7, 2018 and was referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on March 29, 2018. The committee held work sessions on April 3, 2018 and April 10, 2018. The committee met in executive session on April 17, 2018 to vote on its recommendation. The committee voted unanimously, 16–0, to recommend that the House pass it, and the report was placed on the consent calendar. On May 2, 2018 the House voted to pass it on a voice vote. The bill was enrolled on May 10, 2018 — the final check of the text before it goes to the governor. The governor signed it on June 8, 2018, making it Chapter 222 of the session laws. It took effect on August 7, 2018.
Sponsors
- Sen. Daniel Innis (R - SD24) (prime sponsor)
- Sen. Bill Gannon (R - SD23)
- Sen. Bob Giuda (R - SD2)
- Sen. John Reagan (R - SD17)
- Sen. David Watters (D - SD4)
- Rep. Tracy Emerick (R - Rock 21)
- Rep. Philip Bean (R - Rock 21)
- Rep. Jason Janvrin (R - Rock 20)
- Rep. Patrick Abrami (R - Rock 19)
Hearings and Sessions
- February 13, 2018, 1:30 PM: hearing, Senate Commerce, SH 100
- March 29, 2018, 10:30 AM: public hearing, House Commerce and Consumer Affairs, LOB 302
- April 3, 2018, 1:15 PM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
- April 10, 2018, 1:45 PM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
- April 17, 2018, 1:30 PM: executive session, House Commerce and Consumer Affairs, LOB 302
Votes
- February 22, 2018, Senate: Ought to Pass — voice vote, passed
- May 2, 2018, House: Ought to Pass — voice vote, passed
The Docket
- January 3, 2018: To Be Introduced 01/03/2018 and Referred to Commerce
- February 13, 2018: Hearing: 02/13/2018, Room 100, SH, 01:30 pm
- February 22, 2018: Committee Report: Ought to Pass, 02/22/2018
- February 22, 2018: Ought to Pass : MA, VV; OT3rdg; 02/22/2018
- March 7, 2018: Introduced 03/07/2018 and referred to Commerce and Consumer Affairs
- March 29, 2018: Public Hearing: 03/29/2018 10:30 AM LOB 302
- April 3, 2018: Subcommittee Work Session: 04/03/2018 01:15 PM LOB 302
- April 10, 2018: Subcommittee Work Session: 04/10/2018 01:45 PM LOB 302
- April 17, 2018: Executive Session: 04/17/2018 01:30 PM LOB 302
- May 2, 2018: Committee Report: Ought to Pass for 05/02/2018 (Vote 16-0; CC)
- May 2, 2018: Ought to Pass : MA VV 05/02/2018
- May 10, 2018: Enrolled 05/10/2018
- May 10, 2018: Enrolled (In recess 05/10/2018)
- June 8, 2018: Signed by the Governor on 06/08/2018; Chapter 0222; Effective 08/07/2018