VA HB2298 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 5 2019 - 100% progression
Action: 2019-03-05 - Governor: Acts of Assembly Chapter text (CHAP0242)
Text: Latest bill text (Chaptered) [HTML]

Summary

Banks; directors' meetings. Removes the ability of a bank's shareholders to fix the number that constitutes a quorum for a meeting of the bank's board of directors at not less than five. In its place, the measure authorizes a bank's shareholders to adopt a bylaw setting as a quorum a number that is not less than a majority of the bank's directors. This bill is identical to SB 1272.

Tracking Information

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Title

Banks; directors' meetings.

Sponsors


Roll Calls

2019-02-14 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2019-02-13 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2019-02-11 - Senate - Senate: Reported from Commerce and Labor (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-28 - House - House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (Y: 99 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-22 - House - House: Reported from Commerce and Labor (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2019-03-05 Governor: Acts of Assembly Chapter text (CHAP0242)
2019-03-05 Governor: Approved by Governor-Chapter 242 (effective 7/1/19)
2019-02-21 Governor: Governor's Action Deadline Midnight, March 26, 2019
2019-02-21HouseEnrolled Bill communicated to Governor on February 21, 2019
2019-02-20SenateSigned by President
2019-02-19HouseSigned by Speaker
2019-02-19HouseBill text as passed House and Senate (HB2298ER)
2019-02-19HouseEnrolled
2019-02-14SenatePassed Senate (40-Y 0-N)
2019-02-14SenateRead third time
2019-02-13SenateConstitutional reading dispensed (39-Y 0-N)
2019-02-11SenateReported from Commerce and Labor (13-Y 0-N)
2019-01-29SenateReferred to Committee on Commerce and Labor
2019-01-29SenateConstitutional reading dispensed
2019-01-28HouseVOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
2019-01-28HouseRead third time and passed House BLOCK VOTE (99-Y 0-N)
2019-01-25HouseRead second time and engrossed
2019-01-24HouseRead first time
2019-01-22HouseReported from Commerce and Labor (21-Y 0-N)
2019-01-08HouseReferred to Committee on Commerce and Labor
2019-01-08HousePrefiled and ordered printed; offered 01/09/19 19101445D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
62866(n/a)See Bill Text

Virginia State Sources


Bill Comments

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