Money order sellers and money transmitters; required investments. (SB1136)
Introduced By
Sen. Monty Mason (D-Williamsburg)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Money transmitters; investments. Permits the aggregate dollar amount of the outstanding stored value products of a licensed money transmitter to be calculated in accordance with generally accepted accounting principles. Such licensees are required to maintain permissible investments that have a market value of not less than the aggregate dollar amount of all of their outstanding money transmission transactions, which by definition includes selling or issuing stored value. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/09/2017 | Prefiled and ordered printed; offered 01/11/17 17102799D |
01/09/2017 | Referred to Committee on Commerce and Labor |
01/23/2017 | Reported from Commerce and Labor (15-Y 0-N) (see vote tally) |
01/25/2017 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
01/26/2017 | Read second time and engrossed |
01/27/2017 | Read third time and passed Senate (39-Y 0-N) (see vote tally) |
01/31/2017 | Placed on Calendar |
01/31/2017 | Read first time |
01/31/2017 | Referred to Committee on Commerce and Labor |
02/02/2017 | Impact statement from SCC (SB1136) |
02/14/2017 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
02/16/2017 | Read second time |
02/17/2017 | Read third time |
02/17/2017 | Passed House BLOCK VOTE (99-Y 0-N) |
02/17/2017 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/22/2017 | Enrolled |
02/22/2017 | Bill text as passed Senate and House (SB1136ER) |
02/22/2017 | Signed by President |
02/22/2017 | Signed by Speaker |
02/23/2017 | Enrolled Bill Communicated to Governor on 2/23/17 |
02/23/2017 | G Governor's Action Deadline Midnight, March 27, 2017 |
02/23/2017 | Impact statement from SCC (SB1136ER) |
03/20/2017 | G Approved by Governor-Chapter 654 (effective 7/1/17) |
03/20/2017 | G Acts of Assembly Chapter text (CHAP0654) |
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 32 seconds.
Transcript
This is a transcript of the video clips in which this bill is discussed.
COMMUNITY SERVICE WARDS TO SEE PEOPLE ON THE SAME DAY AND GIVE THEM CLINICAL ASSESSMENT. I MOVE THE BILL PASS. SENATE BILL 852. A BILL TO AMEND AND REENACT RELATING TO PET SHOPS. PROCUREMENT OF DOGS FROM UNLICENSED DEALERS. REPORTED FROM THE COMMITTEE ON AGRICULTURE, CHESAPEAKE AND NATURAL RESOURCES WITH A SUBSTITUTE. THE GENTLEMAN FROM VIRGINIA BEACH, MR. KNIGHT.Del. Barry Knight (R-Virginia Beach): I MOVE THE COMMITTEE SUBSTITUTE.
Del. Bill Howell (R-Fredericksburg): THE QUESTION IS ON ADOPTION OF THE COMMITTEE SUBSTITUTE.