Credit unions; board of directors compensation. (HB813)
Introduced By
Del. Jeion Ward (D-Hampton) with support from co-patron Del. Don Scott (D-Portsmouth)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Credit unions; director compensation. Provides that compensation of members of a credit union's board of directors and members of the credit and supervisory committees shall be determined by a written policy approved by the board of directors, provided that annual compensation for an individual member does not exceed $6,000. The measure removes the existing prohibition on compensating members of a credit union's board of directors for services as a member of the board. This bill is identical to SB 296. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/07/2020 | Committee |
| 01/07/2020 | Prefiled and ordered printed; offered 01/08/20 20103003D |
| 01/07/2020 | Referred to Committee on Labor and Commerce |
| 01/10/2020 | Impact statement from SCC (HB813) |
| 01/23/2020 | House committee, floor amendments and substitutes offered |
| 01/23/2020 | Reported from Labor and Commerce with substitute (17-Y 0-N) (see vote tally) |
| 01/23/2020 | Committee substitute printed 20106517D-H1 |
| 01/27/2020 | Read first time |
| 01/28/2020 | Read second time |
| 01/28/2020 | Committee substitute agreed to 20106517D-H1 |
| 01/28/2020 | Engrossed by House - committee substitute HB813H1 |
| 01/29/2020 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
| 01/29/2020 | VOTE: (98-Y 0-N) (see vote tally) |
| 01/30/2020 | Impact statement from SCC (HB813H1) |
| 01/30/2020 | Constitutional reading dispensed |
| 01/30/2020 | Referred to Committee on Commerce and Labor |
| 02/17/2020 | Reported from Commerce and Labor (14-Y 0-N) (see vote tally) |
| 02/19/2020 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
| 02/20/2020 | Read third time |
| 02/20/2020 | Passed Senate (40-Y 0-N) (see vote tally) |
| 02/25/2020 | Enrolled |
| 02/25/2020 | Bill text as passed House and Senate (HB813ER) |
| 02/25/2020 | Signed by Speaker |
| 02/26/2020 | Impact statement from SCC (HB813ER) |
| 02/26/2020 | Signed by President |
| 03/03/2020 | G Governor's Action Deadline 11:59 p.m., April 6, 2020 |
| 03/03/2020 | Enrolled Bill communicated to Governor on March 3, 2020 |
| 03/03/2020 | G Governor's Action Deadline 11:59 p.m., March 10, 2020 |
| 03/10/2020 | G Approved by Governor-Chapter 262 (effective 7/1/20) |
| 03/10/2020 | G Acts of Assembly Chapter text (CHAP0262) |