VA HB2630 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Open-end credit plans; governing law. Provides that an open-end credit plan shall be governed solely by federal law and the laws of the Commonwealth, regardless of whether the seller or lender has a physical location in the Commonwealth. The measure removes a provision that allows another jurisdiction's laws to govern if expressly agreed to in writing by the parties.

Tracking Information

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Title

Open-end credit plans; governing law.

Sponsors


Roll Calls

2019-01-29 - House - House: Subcommittee recommends laying on the table (5-Y 2-N) (Y: 5 N: 2 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2019-02-05HouseLeft in Commerce and Labor
2019-01-29HouseSubcommittee recommends laying on the table (5-Y 2-N)
2019-01-15HouseAssigned C & L sub: Subcommittee #1
2019-01-10HouseReferred to Committee on Commerce and Labor
2019-01-10HousePresented and ordered printed 19102255D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
62435(n/a)See Bill Text

Virginia State Sources


Bill Comments

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