Credit unions, federal; those operating within State to comply with Virginia Small Estate Act. (SB905)

Introduced By

Sen. Bryce Reeves (R-Spotsylvania)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Credit unions; Virginia Small Estate Act. Provides that federal credit unions operating in the Commonwealth, to the extent allowable under federal law, shall comply with provisions of the Virginia Small Estate Act requiring a person having possession of an asset belonging to a decedent with a value of no more than $50,000 to pay or deliver that asset to the designated successor of the decedent.

Amends § 6.2-1367, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/04/2013Prefiled and ordered printed; offered 01/09/13
01/04/2013Prefiled and ordered printed; offered 01/09/13 13101445D
01/04/2013Referred to Committee on Commerce and Labor
01/12/2013Impact statement from SCC (SB905)
01/14/2013Reported from Commerce and Labor (14-Y 0-N) (see vote tally)
01/16/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/17/2013Read second time and engrossed
01/18/2013Read third time and passed Senate (38-Y 0-N) (see vote tally)
01/25/2013Placed on Calendar
01/25/2013Read first time
01/25/2013Referred to Committee on Commerce and Labor
02/07/2013Reported from Commerce and Labor (20-Y 0-N) (see vote tally)
02/11/2013Read second time
02/12/2013Read third time
02/12/2013Passed House BLOCK VOTE (100-Y 0-N)
02/12/2013VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/15/2013Enrolled
02/15/2013Bill text as passed Senate and House (SB905ER)
02/15/2013Signed by Speaker
02/17/2013Impact statement from SCC (SB905ER)
02/18/2013Signed by President
03/05/2013G Approved by Governor-Chapter 95 (effective 7/1/13)
03/05/2013G Acts of Assembly Chapter text (CHAP0095)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 35 seconds.