Banks; capital stock. (HB1992)
Introduced By
Del. Bill Janis (R-Glen Allen)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Banks; capital stock. Exempts restricted stock award plans from the requirement that a bank's capital stock be paid in money. The measure also provides that a stock option shall not be granted at a price which is less than 100 percent of the fair market value per share of the stock; an existing provision limits such price to 100 percent of the stock's book value. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/11/2011 | Committee |
| 01/11/2011 | Prefiled and ordered printed; offered 01/12/11 11101090D |
| 01/11/2011 | Referred to Committee on Commerce and Labor |
| 01/16/2011 | Impact statement from SCC (HB1992) |
| 01/18/2011 | Reported from Commerce and Labor (21-Y 0-N) (see vote tally) |
| 01/20/2011 | Read first time |
| 01/21/2011 | Read second time and engrossed |
| 01/24/2011 | Read third time and passed House BLOCK VOTE (97-Y 0-N) |
| 01/24/2011 | VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally) |
| 01/25/2011 | Constitutional reading dispensed |
| 01/25/2011 | Referred to Committee on Commerce and Labor |
| 02/14/2011 | Reported from Commerce and Labor with amendment (15-Y 0-N) (see vote tally) |
| 02/16/2011 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
| 02/17/2011 | Read third time |
| 02/17/2011 | Reading of amendment waived |
| 02/17/2011 | Committee amendment agreed to |
| 02/17/2011 | Engrossed by Senate as amended |
| 02/17/2011 | Passed Senate with amendment (39-Y 0-N) (see vote tally) |
| 02/18/2011 | Placed on Calendar |
| 02/21/2011 | Senate amendment agreed to by House (98-Y 0-N 1-A) |
| 02/21/2011 | VOTE: ADOPTION (98-Y 0-N 1-A) (see vote tally) |
| 02/25/2011 | Enrolled |
| 02/25/2011 | Bill text as passed House and Senate (HB1992ER) |
| 02/26/2011 | Signed by Speaker |
| 02/28/2011 | Impact statement from SCC (HB1992ER) |
| 02/28/2011 | Signed by President |
| 03/18/2011 | G Approved by Governor-Chapter 240 (effective 7/1/11) |
| 03/18/2011 | G Acts of Assembly Chapter text (CHAP0240) |