Virginia House Bill 2690 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 19 2019 - 100% progression
Action: 2019-03-19 - Governor: Acts of Assembly Chapter text (CHAP0634)
Text: Latest bill text (Chaptered) [HTML]

Money transmitters. Requires money transmitters to be licensed through the National Multistate Licensing System and Registry (NMLS). The bill increases, from five percent to 10 percent, the interest that a person is required to own or control in a limited liability company in order to be subject to requirements applicable to members. The bill also (i) changes the due date for the $750 annual license renewal fee from September 1 to December 31 and requirements pertaining to license renewal and (ii) authorizes reports and filings to be submitted to the Commissioner through the NMLS if the NMLS is able to receive them.

Money transmitters; licensure through the Nationwide Multistate Licensing System & Registry (NMLS).

Del. Terry Kilgore [R]

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]
2019-01-30 - House - House: VOTE: PASSAGE #2 (99-Y 0-N) (Y: 99 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-30 - House - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (Y: 98 N: 0 NV: 1 Abs: 0) [PASS]
2019-01-24 - House - House: Reported from Commerce and Labor (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2019-03-19		Governor: Acts of Assembly Chapter text (CHAP0634)
2019-03-19		Governor: Approved by Governor-Chapter 634 (effective 7/1/19)
2019-02-21		Governor: Governor's Action Deadline Midnight, March 26, 2019
2019-02-21	House	Enrolled Bill communicated to Governor on February 21, 2019
2019-02-20	Senate	Signed by President
2019-02-19	House	Signed by Speaker
2019-02-19	House	Bill text as passed House and Senate (HB2690ER)
2019-02-19	House	Enrolled
2019-02-14	Senate	Passed Senate (40-Y 0-N)
2019-02-14	Senate	Read third time
2019-02-13	Senate	Constitutional reading dispensed (39-Y 0-N)
2019-02-11	Senate	Reported from Commerce and Labor (13-Y 0-N)
2019-01-31	Senate	Referred to Committee on Commerce and Labor
2019-01-31	Senate	Constitutional reading dispensed
2019-01-30	House	VOTE: PASSAGE #2 (99-Y 0-N)
2019-01-30	House	Passed House BLOCK VOTE (99-Y 0-N)
2019-01-30	House	Reconsideration of passage agreed to by House
2019-01-30	House	VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
2019-01-30	House	Read third time and passed House BLOCK VOTE (98-Y 0-N)
2019-01-29	House	Read second time and engrossed
2019-01-28	House	Read first time
2019-01-24	House	Reported from Commerce and Labor (21-Y 0-N)
2019-01-14	House	Referred to Committee on Commerce and Labor
2019-01-14	House	Presented and ordered printed 19104401D

Chapter	Article	Section	Citation Type	Statute Text
6	2	1900	(n/a)	See Bill Text
6	2	1901	(n/a)	See Bill Text
6	2	1904.1	(n/a)	See Bill Text
6	2	1905	(n/a)	See Bill Text
6	2	1914	(n/a)	See Bill Text
6	2	1917	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+HB2690
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2690+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2690ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+CHAP0634+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+H14V0029+HB2690
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+HV1995+HB2690
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+HV2041+HB2690
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+S02V0158+HB2690
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0547HB2690+HB2690
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0633HB2690+HB2690