VA SB121 | 2012 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 7 2012 - 100% progression
Action: 2012-03-07 - Governor: Acts of Assembly Chapter text (CHAP0157)
Text: Latest bill text (Chaptered) [HTML]

Summary

Bank-owned real estate. Repeals a provision that limits to 10 years the period that banks may hold real estate acquired in satisfaction of a debt previously contracted. The measure allows state banks to hold such property indefinitely without writing down the asset's value.

Tracking Information

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Title

Bank-owned real estate; repeals provision that limits period that banks may hold.

Sponsors


Roll Calls

2012-02-21 - House - House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (Y: 102 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-16 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 23 N: 0 NV: 0 Abs: 0) [PASS]
2012-01-20 - Senate - Senate: Passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-20 - Senate - Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-20 - Senate - Senate: Read third time and passed Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2012-01-20 - Senate - Senate: Bills placed in block (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-18 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-16 - Senate - Senate: Reported from Commerce and Labor (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2012-03-07 Governor: Acts of Assembly Chapter text (CHAP0157)
2012-03-07 Governor: Approved by Governor-Chapter 157 (effective 7/1/12)
2012-02-23 House: Signed by Speaker
2012-02-23 Senate: Signed by President
2012-02-23 Senate: Bill text as passed Senate and House (SB121ER)
2012-02-23 Senate: Enrolled
2012-02-21 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
2012-02-21 House: Passed House BLOCK VOTE (100-0Y 0-N)
2012-02-21 House: Read third time
2012-02-20 House: Read second time
2012-02-16 House: Reported from Commerce and Labor (22-Y 0-N)
2012-02-13 House: Referred to Committee on Commerce and Labor
2012-02-13 House: Read first time
2012-02-13 House: Placed on Calendar
2012-01-20 Senate: Passed Senate (39-Y 0-N)
2012-01-20 Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N)
2012-01-20 Senate: Read third time and passed Senate (38-Y 0-N)
2012-01-20 Senate: Bills placed in block (39-Y 0-N)
2012-01-19 Senate: Read second time and engrossed
2012-01-18 Senate: Constitutional reading dispensed (39-Y 0-N)
2012-01-16 Senate: Reported from Commerce and Labor (16-Y 0-N)
2012-01-10 Senate: Referred to Committee on Commerce and Labor
2012-01-10 Senate: Prefiled and ordered printed; offered 01/11/12 12100736D

Same As/Similar To

HB708 (Same As) 2012-03-01 - Governor: Acts of Assembly Chapter text (CHAP0059)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
62872(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+SB121
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+SB121+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+SB121ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+CHAP0157+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+S02V0009+SB0121
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0035SB0121+SB0121
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0047SB0121+SB0121
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0048SB0121+SB0121
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0049SB0121+SB0121
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0050SB0121+SB0121
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+H14V0120+SB0121
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+HV0930+SB0121

Bill Comments

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