VA HB1800 | 2015 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 23 2015 - 100% progression
Action: 2015-03-23 - Governor: Acts of Assembly Chapter text (CHAP0454)
Text: Latest bill text (Chaptered) [HTML]

Summary

Open-end lending by banks, savings institutions, and credit unions; credit cards; grace period. Adjusts the period used in determining whether a borrower has repaid his open-end credit card balance in full and therefore is exempt from a finance charge on purchases of merchandise or services. The measure provides that a bank, savings institution, or credit union shall not impose a finance charge on purchases of merchandise or services by credit card if payment in full of the unpaid balance owing for extensions of credit is received prior to the payment due date and requires the payment due date to be at least 25 days later than the billing date. The requirement for a 25-day grace period for payments on an open-end credit plan by a credit union that does not involve a credit card is deleted. Under existing law, the next billing date, rather than the payment due date, applies.

Tracking Information

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Title

Open-end lending by banks, savings institutions, etc.; determining grace period.

Sponsors


Roll Calls

2015-02-27 - Senate - Senate: Conference report agreed to by Senate (37-Y 0-N) (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2015-02-26 - House - House: VOTE: ADOPTION (97-Y 0-N 1-A) (Y: 99 N: 0 NV: 2 Abs: 1) [PASS]
2015-02-24 - Senate - Senate: Senate insisted on substitute (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2015-02-23 - House - House: VOTE: REJECTED (5-Y 92-N 1-A) (Y: 6 N: 93 NV: 2 Abs: 1) [FAIL]
2015-02-19 - Senate - Senate: Passed Senate with substitute (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-02-18 - Senate - Senate: Constitutional reading dispensed (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-02-16 - Senate - Senate: Reported from Commerce and Labor with substitute (11-Y 0-N) (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2015-01-28 - House - House: VOTE: PASSAGE (97-Y 0-N 1-A) (Y: 99 N: 0 NV: 2 Abs: 1) [PASS]
2015-01-22 - House - House: Reported from Commerce and Labor with substitute (21-Y 0-N) (Y: 22 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2015-03-23 Governor: Acts of Assembly Chapter text (CHAP0454)
2015-03-23 Governor: Approved by Governor-Chapter 454 (effective 7/1/15)
2015-03-10 Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
2015-03-10HouseEnrolled Bill communicated to Governor on 3/10/15
2015-03-07SenateSigned by President
2015-03-06HouseSigned by Speaker
2015-03-06HouseBill text as passed House and Senate (HB1800ER)
2015-03-06HouseEnrolled
2015-02-27SenateConference report agreed to by Senate (37-Y 0-N)
2015-02-26HouseVOTE: ADOPTION (97-Y 0-N 1-A)
2015-02-26HouseConference report agreed to by House (97-Y 0-N 1-A)
2015-02-26HouseConference substitute printed 15105587D-H2
2015-02-26 Conference: Amended by conference committee
2015-02-25SenateSenators: Chafin, McWaters, Dance
2015-02-25SenateConferees appointed by Senate
2015-02-25HouseDelegates: Villanueva, Byron, Sickles
2015-02-25HouseConferees appointed by House
2015-02-25HouseHouse acceded to request
2015-02-24SenateSenate requested conference committee
2015-02-24SenateSenate insisted on substitute (39-Y 0-N)
2015-02-23HouseVOTE: REJECTED (5-Y 92-N 1-A)
2015-02-23HouseSenate substitute rejected by House 15104055D-S1 (5-Y 92-N 1-A)
2015-02-20HousePlaced on Calendar
2015-02-19SenatePassed Senate with substitute (38-Y 0-N)
2015-02-19SenateEngrossed by Senate - committee substitute HB1800S1
2015-02-19SenateCommittee substitute agreed to 15104055D-S1
2015-02-19SenateReading of substitute waived
2015-02-19SenateRead third time
2015-02-18SenateConstitutional reading dispensed (38-Y 0-N)
2015-02-16SenateCommittee substitute printed 15104055D-S1
2015-02-16SenateReported from Commerce and Labor with substitute (11-Y 0-N)
2015-01-29SenateReferred to Committee on Commerce and Labor
2015-01-29SenateConstitutional reading dispensed
2015-01-28HouseVOTE: PASSAGE (97-Y 0-N 1-A)
2015-01-28HouseRead third time and passed House (97-Y 0-N 1-A)
2015-01-27HouseEngrossed by House - committee substitute HB1800H1
2015-01-27HouseCommittee substitute agreed to 15104055D-H1
2015-01-27HouseRead second time
2015-01-26HouseRead first time
2015-01-22HouseCommittee substitute printed 15104055D-H1
2015-01-22HouseReported from Commerce and Labor with substitute (21-Y 0-N)
2015-01-13HouseReferred to Committee on Commerce and Labor
2015-01-13HousePrefiled and ordered printed; offered 01/14/15 15102518D

Same As/Similar To

SB859 (Same As) 2015-03-23 - Governor: Acts of Assembly Chapter text (CHAP0453)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
62313(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+sum+HB1800
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+HB1800+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+HB1800H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+HB1800S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+HB1800H2+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+HB1800ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+CHAP0454+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+H14V0029+HB1800
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+HV1677+HB1800
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+S02V0080+HB1800
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0559HB1800+HB1800
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0615HB1800+HB1800
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+HV2628+HB1800
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0749HB1800+HB1800
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+HV2862+HB1800
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0983HB1800+HB1800

Bill Comments

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