SB 872 Gunston Hall; certain powers of board.
Linda T. (Toddy) Puller | all patrons    ...    notes
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Summary as passed: (all summaries)
Gunston Hall; certain powers of board. Authorizes the Board of Regents of Gunston Hall to determine the significance or suitability of the furnishings, household items, and other objects acquired by or for Gunston Hall and to sell or exchange those items deemed of little or no significance or unsuitable, consistent with the terms of their acquisition. These furnishings and items and any net proceeds of their sale will comprise a discrete fund of Gunston Hall, restricted to future acquisitions of such period items as well as the conservation of all such holdings of Gunston Hall.

The measure deems donations of any funds, securities, and any other property, real or personal, as endowments or unrestricted gifts, within the meaning of 23-9.2; therefore, these donations would not affect any state appropriations to Gunston Hall.

Finally, the measure also allows the Board to change the form of investment of any funds, securities, or other property, real or personal, consistent with the terms of the instrument under which the property was acquired, and to sell or convey any such property, except that any transfers of real property must be made with the consent of the Governor. This language mirrors those powers already granted to the Virginia Museum of Fine Arts in 23-253.4 and the Jamestown-Yorktown Foundation in 23-288.

Full text:
01/10/01  Senate: Presented & ordered printed, prefiled 01/03/01 013871518  pdf | impact statement
02/22/01  Senate: Bill text as passed Senate and House (SB872ER)  pdf | impact statement
03/14/01  Governor: Acts of Assembly Chapter text (CHAP0125)  pdf

Status:
01/10/01  Senate: Presented & ordered printed, prefiled 01/03/01 013871518
01/10/01  Senate: Referred to Committee on Education and Health
01/11/01  Senate: Reported from Education and Health (15-Y 0-N)
01/12/01  Senate: Constitutional reading dispensed (39-Y 0-N)
01/12/01  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
01/15/01  Senate: Read second time and engrossed
01/16/01  Senate: Read third time and passed Senate (39-Y 0-N)
01/16/01  Senate: VOTE: PASSAGE R (39-Y 0-N)
01/16/01  Senate: Communicated to House
02/06/01  House: Placed on Calendar
02/06/01  House: Read first time
02/06/01  House: Referred to Committee on Education
02/14/01  House: Reported from Education (23-Y 0-N)
02/15/01  House: Read second time
02/16/01  House: Read third time
02/16/01  House: Passed House BLOCK VOTE (99-Y 0-N)
02/16/01  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/22/01  Senate: Bill text as passed Senate and House (SB872ER)
02/23/01  Senate: Enrolled
02/26/01  Senate: Signed by President
02/26/01  House: Signed by Speaker
03/13/01  Governor: Approved by Governor-Chapter 125 (effective 7/1/01)
03/14/01  Governor: Acts of Assembly Chapter text (CHAP0125)