Check cashing fees; collection and dissemination of information. (HB356)

Introduced By

Del. Jennifer McClellan (D-Richmond)

Progress

√
 Introduced
X
 Passed Committee
☐
 Passed House
☐
 Passed Senate
☐
 Signed by Governor
☐
 Became Law

Description

Check cashing fee information.  Directs the State Corporation Commission's Bureau of Financial Information to conduct periodic surveys of banks, savings institutions, credit unions, and persons required to be registered as check cashers. The surveys are to collect information regarding the practices and fees of these institutions relating to their cashing of checks, drafts, and money orders. The Bureau is required to compile the check cashing fee information in a chart, table, or similar format. The Bureau is further directed to post the information on the Bureau's website and to make printed copies of the information available to persons requesting it. View Full Text »

Outcome

Bill Has Failed

History

  • 01/10/2012 Committee
  • 01/10/2012 Prefiled and ordered printed; offered 01/11/12 12100358D
  • 01/10/2012 Referred to Committee on Commerce and Labor
  • 01/17/2012 Impact statement from SCC (HB356)
  • 01/19/2012 Assigned C & L sub: #2
  • 02/02/2012 Subcommittee recommends passing by indefinitely (6-Y 2-N)
  • 02/14/2012 Left in Commerce and Labor (0-Y 0-N) (see vote tally)