VA HB789 | 2018 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 9 2018 - 100% progression
Action: 2018-03-09 - Governor: Acts of Assembly Chapter text (CHAP0262)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 9 2018 - 100% progression
Action: 2018-03-09 - Governor: Acts of Assembly Chapter text (CHAP0262)
Text: Latest bill text (Chaptered) [HTML]
Summary
Banks; stock ownership by directors. Provides that a bank director is deemed to be the sole owner of shares in the bank that are deposited by the director in a living trust, or inter vivos trust, as to which the director is a trustee and retains an absolute power of revocation. Currently, a director is deemed to be the sole owner of shares that are deposited in such a trust only if the director is the sole trustee of the trust. This bill is identical to SB 260.
Title
Banks; stock ownership by directors.
Sponsors
| Del. Mark Keam [D] |
Roll Calls
2018-02-22 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-21 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-19 - Senate - Senate: Reported from Commerce and Labor (11-Y 0-N) (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2018-01-24 - House - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (Y: 98 N: 0 NV: 2 Abs: 0) [PASS]
2018-01-18 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-21 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-19 - Senate - Senate: Reported from Commerce and Labor (11-Y 0-N) (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2018-01-24 - House - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (Y: 98 N: 0 NV: 2 Abs: 0) [PASS]
2018-01-18 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-03-09 | Governor: Acts of Assembly Chapter text (CHAP0262) | |
| 2018-03-09 | Governor: Approved by Governor-Chapter 262 (effective 7/1/18) | |
| 2018-03-02 | Governor: Governor's Action Deadline Midnight, March 9, 2018 | |
| 2018-03-02 | House | Enrolled Bill communicated to Governor on March 2, 2018 |
| 2018-02-28 | Senate | Signed by President |
| 2018-02-26 | House | Signed by Speaker |
| 2018-02-26 | House | Bill text as passed House and Senate (HB789ER) |
| 2018-02-26 | House | Enrolled |
| 2018-02-22 | Senate | Passed Senate (40-Y 0-N) |
| 2018-02-22 | Senate | Read third time |
| 2018-02-21 | Senate | Constitutional reading dispensed (40-Y 0-N) |
| 2018-02-19 | Senate | Reported from Commerce and Labor (11-Y 0-N) |
| 2018-01-25 | Senate | Referred to Committee on Commerce and Labor |
| 2018-01-25 | Senate | Constitutional reading dispensed |
| 2018-01-24 | House | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) |
| 2018-01-24 | House | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
| 2018-01-23 | House | Read second time and engrossed |
| 2018-01-22 | House | Read first time |
| 2018-01-18 | House | Reported from Commerce and Labor (22-Y 0-N) |
| 2018-01-09 | House | Referred to Committee on Commerce and Labor |
| 2018-01-09 | House | Prefiled and ordered printed; offered 01/10/18 18102279D |
