Banks; financial activities. (HB1657)
Introduced By
Del. Terry Kilgore (R-Gate City)
Progress
✓ |
Introduced |
☐ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Banks; financial activities. Prohibits a bank from establishing or maintaining a branch in Virginia on the premises or property of an affiliate if the affiliate engages in commercial activities, which are defined as activities in which a bank holding company, a financial holding company, a national bank, or a national bank financial subsidiary may not engage under federal law. The measure repeals provisions regarding the commercial activities of industrial loan associations and industrial loan companies. The measure will be effective upon passage. Read the Bill »
Status
02/05/2007: signed by governor
History
Date | Action |
---|---|
12/04/2006 | Prefiled and ordered printed; offered 01/10/07 072183372 |
12/04/2006 | Committee |
12/04/2006 | Prefiled and ordered printed with emergency clause; offered 01/10/07 07218337" HB1657" |
12/04/2006 | Prefiled and ordered printed with emergency clause; offered 01/10/07 072183372 |
12/04/2006 | Referred to Committee on Commerce and Labor |
01/12/2007 | Committee substitute printed 070228372-H1 |
01/15/2007 | Read first time |
01/16/2007 | Read second time |
01/16/2007 | Committee substitute agreed to 070228372-H1 |
01/16/2007 | Engrossed by House - committee substitute HB1657H1 |
01/16/2007 | Impact statement from SCC (HB1657) |
01/17/2007 | Read third time and passed House BLOCK VOTE (97-Y 0-N) |
01/17/2007 | VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally) |
01/17/2007 | Communicated to Senate |
01/17/2007 | Impact statement from SCC (HB1657H1) |
01/18/2007 | Constitutional reading dispensed |
01/18/2007 | Referred to Committee on Commerce and Labor |
01/24/2007 | Read second time |
01/25/2007 | Read third time |
01/25/2007 | Passed Senate (38-Y 0-N) |
01/29/2007 | Enrolled |
01/29/2007 | Bill text as passed House and Senate (HB1657ER) |
01/29/2007 | Signed by Speaker |
01/30/2007 | Signed by President |
02/02/2007 | Impact statement from SCC (HB1657ER) |
02/05/2007 | G Approved by Governor-Chapter 1 (effective 2/5/07) |
03/13/2007 | G Acts of Assembly Chapter text (CHAP0001) |