S636A

The Senate passed legislation amending the Business Corporation Law and Limited Liability Company Law on a 40-21 vote. The bill, sponsored by Sen. Comrie and designated as Calendar Number 174, Senate Print 636A, takes effect two years after becoming law. The measure drew opposition from 21 senators, including Sens. Ashby, Borrello, Gallivan, Griffo, Helming, Lanza, Martins, Mattera, Murray, Oberacker, O'Mara, Ortt, Palumbo, Rhoads, Rolison, Scarcella-Spanton, Stec, Tedisco, Walczyk, Weber and Weik. No floor debate was recorded on the bill prior to the vote.