Virginia Senate Bill 1609 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 8 2019 - 100% progression
Action: 2019-03-08 - Governor: Acts of Assembly Chapter text (CHAP0254)
Text: Latest bill text (Chaptered) [HTML]

Banks; capital stock. Repeals a provision that bars the State Corporation Commission from authorizing a bank to commence business if commissions or other compensation have been paid by the bank for the sale of stock in the bank. The measure also removes the requirement that both organizing directors of a bank be bonded for an amount equal to the total amount of money to be collected before the bank opens for business through stock subscriptions or from purchases of the bank's stock. This bill is identical to HB 2419.

Banks; capital stock.

Sen. Richard Saslaw [D]

2019-02-13 - House - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (Y: 98 N: 0 NV: 1 Abs: 0) [PASS]
2019-02-12 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-25 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-25 - Senate - Senate: Reconsideration of passage agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-25 - Senate - Senate: Read third time and passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2019-01-23 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2019-01-21 - Senate - Senate: Reported from Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2019-03-08		Governor: Acts of Assembly Chapter text (CHAP0254)
2019-03-08		Governor: Approved by Governor-Chapter 254 (effective 7/1/19)
2019-02-20		Governor: Governor's Action Deadline Midnight, March 26, 2019
2019-02-20	Senate	Enrolled Bill Communicated to Governor on February 20, 2019
2019-02-19	Senate	Signed by President
2019-02-18	House	Signed by Speaker
2019-02-18	Senate	Bill text as passed Senate and House (SB1609ER)
2019-02-18	Senate	Enrolled
2019-02-13	House	VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
2019-02-13	House	Passed House BLOCK VOTE (98-Y 0-N)
2019-02-13	House	Read third time
2019-02-12	House	Read second time
2019-02-12	House	Reported from Commerce and Labor (22-Y 0-N)
2019-01-29	House	Referred to Committee on Commerce and Labor
2019-01-29	House	Read first time
2019-01-29	House	Placed on Calendar
2019-01-25	Senate	Passed Senate (40-Y 0-N)
2019-01-25	Senate	Reconsideration of passage agreed to by Senate (40-Y 0-N)
2019-01-25	Senate	Read third time and passed Senate (39-Y 0-N)
2019-01-24	Senate	Read second time and engrossed
2019-01-23	Senate	Constitutional reading dispensed (39-Y 0-N)
2019-01-21	Senate	Reported from Commerce and Labor (15-Y 0-N)
2019-01-09	Senate	Referred to Committee on Commerce and Labor
2019-01-09	Senate	Prefiled and ordered printed; offered 01/09/19 19103985D

Chapter	Article	Section	Citation Type	Statute Text
6	2	817	(n/a)	See Bill Text
6	2	818	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+SB1609
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1609+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1609ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+CHAP0254+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+S02V0049+SB1609
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0151SB1609+SB1609
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0178SB1609+SB1609
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0179SB1609+SB1609
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0180SB1609+SB1609
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+H14V0158+SB1609
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+HV2729+SB1609