Trust institutions; entities authorized to engage in trust business in State includes out-of-state. (HB1168)
Introduced By
Del. Don Merricks (R-Danville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Trust institutions. Provides that an out-of-state trust institution may engage in a trust business in the Commonwealth if it maintains a trust office or a branch in the Commonwealth or is a national bank or federal savings bank that is supervised and regulated by the federal Comptroller of the Currency and is authorized to serve in a fiduciary capacity pursuant to the National Bank Act or the Home Owners' Loan Act. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/17/2012 | Committee |
01/17/2012 | Presented and ordered printed 12104200D |
01/17/2012 | Referred to Committee on Commerce and Labor |
01/19/2012 | Assigned C & L sub: #2 |
01/24/2012 | Impact statement from SCC (HB1168) |
02/02/2012 | Subcommittee recommends reporting with amendment(s) (10-Y 0-N) |
02/07/2012 | Reported from Commerce and Labor with substitute (22-Y 0-N) (see vote tally) |
02/07/2012 | Committee substitute printed 12104554D-H1 |
02/09/2012 | Read first time |
02/09/2012 | Impact statement from SCC (HB1168H1) |
02/10/2012 | Read second time |
02/10/2012 | Committee substitute agreed to 12104554D-H1 |
02/10/2012 | Engrossed by House - committee substitute HB1168H1 |
02/13/2012 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
02/13/2012 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
02/14/2012 | Constitutional reading dispensed |
02/14/2012 | Referred to Committee on Commerce and Labor |
02/20/2012 | Reported from Commerce and Labor (16-Y 0-N) (see vote tally) |
02/22/2012 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/23/2012 | Read third time |
02/23/2012 | Passed Senate (40-Y 0-N) (see vote tally) |
02/29/2012 | Enrolled |
02/29/2012 | Bill text as passed House and Senate (HB1168ER) |
02/29/2012 | Impact statement from SCC (HB1168ER) |
02/29/2012 | Signed by Speaker |
03/01/2012 | Signed by President |
04/04/2012 | G Approved by Governor-Chapter 608 (effective 7/1/12) |
04/04/2012 | G Acts of Assembly Chapter text (CHAP0608) |