This amendment changes the provision relating to the effective date so that the safe harbor provisions of Senate Substitute No.

Plain English Breakdown

The amendment was stricken in the House on March 25, 2025, meaning it did not pass in its current form.

Amendment Changing Effective Dates for Safe Harbor Rules

This amendment changes when new rules start working so they only affect actions and requests that happen after the law is passed.

What This Bill Does

• Changes Section 3 of Senate Substitute No. 1 for Senate Bill No. 21 to set a specific effective date rule.
• Makes safe harbor provisions apply only to acts and transactions happening after the Act's enactment.
• Limits books and records rules so they cover demands made only after the Act is enacted.

Who It Names or Affects

• People or groups performing acts covered by safe harbor provisions
• Entities receiving demands to inspect books and records

Terms To Know

Safe Harbor Provisions

Rules in Sections 1 and 2 of the Act that apply only after the law is enacted.

Effective Date

The time following when this Act becomes a law, which determines when new rules start applying.

Limits and Unknowns

• This amendment was stricken in the House on March 25, 2025.
• The text does not explain what specific acts are covered by the safe harbor provisions beyond stating they occur after enactment.

Official Summary Text

This amendment changes the provision relating to the effective date so that the safe harbor provisions of Senate Substitute No. 1 for Senate Bill No. 21 apply only to acts and transactions occurring after the Act’s date of enactment and the books and records provisions apply only to demands made after the Act’s date of enactment.

Current Bill Text

Legislation Document

SPONSOR:

Rep. Wilson-Anton

HOUSE OF REPRESENTATIVES

153rd GENERAL ASSEMBLY

HOUSE AMENDMENT NO. 6

TO

SENATE SUBSTITUTE NO. 1

FOR

SENATE BILL NO. 21

AMEND Senate Substitute No. 1 for Senate Bill No. 21 by deleting Section 3 in its entirety and inserting in lieu thereof the following:

“Section 3. Sections 1 and 2 of this Act take effect following this Act’s enactment into law

(the “Effective Date”)

and apply to all acts and transactions that occur after the enactment of this Act. Sections 1 and 2 of this Act do not apply to or affect any action or proceeding commenced in a court of competent jurisdiction that is completed or pending, or any demand to inspect books and records made on or before the Effective Date.”.

SYNOPSIS

This amendment changes the provision relating to the effective date so that the safe harbor provisions of Senate Substitute No. 1 for Senate Bill No. 21 apply only to acts and transactions occurring after the Act’s date of enactment and the books and records provisions apply only to demands made after the Act’s date of enactment.