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Developed and maintained by the Division of Legislative Automated Systems.
2007 SESSION
HB 1657 Banks; financial activities.
Introduced by: Terry G. Kilgore | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Banks; financial activities. Prohibits a bank from establishing or maintaining a branch in Virginia on the premises or property of an affiliate if the affiliate engages in commercial activities, which are defined as activities in which a bank holding company, a financial holding company, a national bank, or a national bank financial subsidiary may not engage under federal law. The measure repeals provisions regarding the commercial activities of industrial loan associations and industrial loan companies. The measure will be effective upon passage.
FULL TEXT
- 12/04/06 House: Prefiled and ordered printed with emergency clause; offered 01/10/07 072183372 pdf | impact statement
- 01/12/07 House: Committee substitute printed 070228372-H1 pdf | impact statement
- 01/29/07 House: Bill text as passed House and Senate (HB1657ER) pdf | impact statement
- 03/13/07 Governor: Acts of Assembly Chapter text (CHAP0001) pdf
HISTORY
- 12/04/06 House: Prefiled and ordered printed with emergency clause; offered 01/10/07 072183372
- 12/04/06 House: Referred to Committee on Commerce and Labor
- 01/11/07 House: Reported from Commerce and Labor with substitute (21-Y 0-N)
- 01/12/07 House: Committee substitute printed 070228372-H1
- 01/15/07 House: Read first time
- 01/16/07 House: Read second time
- 01/16/07 House: Committee substitute agreed to 070228372-H1
- 01/16/07 House: Engrossed by House - committee substitute HB1657H1
- 01/17/07 House: Read third time and passed House BLOCK VOTE (97-Y 0-N)
- 01/17/07 House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
- 01/17/07 House: Communicated to Senate
- 01/18/07 Senate: Constitutional reading dispensed
- 01/18/07 Senate: Referred to Committee on Commerce and Labor
- 01/22/07 Senate: Reported from Commerce and Labor (15-Y 0-N)
- 01/24/07 Senate: Read second time
- 01/25/07 Senate: Read third time
- 01/25/07 Senate: Passed Senate (38-Y 0-N)
- 01/25/07 Senate: VOTE: (38-Y 0-N)
- 01/29/07 House: Enrolled
- 01/29/07 House: Bill text as passed House and Senate (HB1657ER)
- 01/29/07 House: Signed by Speaker
- 01/30/07 Senate: Signed by President
- 02/05/07 Governor: Approved by Governor-Chapter 1 (effective 2/5/07)
- 03/13/07 Governor: Acts of Assembly Chapter text (CHAP0001)