Credit unions; activity authorized for a federally chartered credit union. (SB329)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Credit unions; activity authorized for a federally chartered credit union. Provides that a credit union has the power to engage in any activity, service, or other practice that is authorized for a federally chartered credit union and that has not otherwise been authorized for a state-chartered credit union, provided that (i) the credit union provides the State Corporation Commission with written notice at least 45 calendar days prior to engaging in any such activity, service, or practice and (ii) the credit union engages in the activity, service, or practice subject to the same terms, conditions, and limitations as applicable to a federally chartered credit union. Additionally, the bill authorizes the Commissioner of the State Corporation Commission to prohibit or restrict the activity, service, or practice at any time. This bill is identical to HB 209. Read the Bill »
Outcome
History
| Date | Action |
|---|---|
| 01/11/2022 | Prefiled and ordered printed; offered 01/12/22 22101541D |
| 01/11/2022 | Referred to Committee on Commerce and Labor |
| 01/17/2022 | Impact statement from SCC (SB329) |
| 02/07/2022 | Senate committee, floor amendments and substitutes offered |
| 02/07/2022 | Reported from Commerce and Labor with substitute (15-Y 0-N) (see vote tally) |
| 02/07/2022 | Committee substitute printed 22105547D-S1 |
| 02/08/2022 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
| 02/09/2022 | Read second time |
| 02/09/2022 | Reading of substitute waived |
| 02/09/2022 | Committee substitute agreed to 22105547D-S1 |
| 02/09/2022 | Engrossed by Senate - committee substitute SB329S1 |
| 02/10/2022 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
| 02/11/2022 | Impact statement from SCC (SB329S1) |
| 02/21/2022 | Placed on Calendar |
| 02/21/2022 | Read first time |
| 02/21/2022 | Referred to Committee on Commerce and Energy |
| 02/22/2022 | Reported from Commerce and Energy (22-Y 0-N) (see vote tally) |
| 02/24/2022 | Read second time |
| 02/25/2022 | Read third time |
| 02/25/2022 | Passed House BLOCK VOTE (99-Y 0-N) |
| 02/25/2022 | VOTE: Block Vote Passage (99-Y 0-N) (see vote tally) |
| 03/01/2022 | Enrolled |
| 03/01/2022 | Bill text as passed Senate and House (SB329ER) |
| 03/01/2022 | Impact statement from SCC (SB329ER) |
| 03/01/2022 | Signed by Speaker |
| 03/02/2022 | Signed by President |
| 03/11/2022 | Enrolled Bill Communicated to Governor on March 11, 2022 |
| 03/11/2022 | G Governor's Action Deadline 11:59 p.m., April 11, 2022 |
| 04/11/2022 | G Approved by Governor-Chapter 607 (effective 7/1/22) |
| 04/11/2022 | G Acts of Assembly Chapter text (CHAP0607) |
Post a Public Comment About this Bill