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2008 SESSION
SB 398 Security of Public Deposits Act; eligible collateral & amends definition of public depository.
Introduced by: Phillip P. Puckett | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Virginia Security of Public Deposits Act; qualified public depository; eligible collateral. Includes as eligible collateral Federal Home Loan Bank letters-of-credit that adhere to the guidelines as promulgated by the Treasury Board. The bill also amends the definition of "qualified public depository" to include banks, trust companies, or savings institutions that are organized under the laws of another state and having a main office or branch office in Virginia where deposits are accepted, checks are paid, and money is lent.
FULL TEXT
- 01/08/08 Senate: Prefiled and ordered printed with emergency clause; offered 01/10/07 084544300 pdf | impact statement
- 01/21/08 Senate: Committee substitute printed 080143300-S1 pdf | impact statement
- 02/12/08 Senate: Bill text as passed Senate and House (SB398ER) pdf | impact statement
- 02/20/08 Governor: Acts of Assembly Chapter text (CHAP0007) pdf
HISTORY
- 01/08/08 Senate: Prefiled and ordered printed with emergency clause; offered 01/10/07 084544300
- 01/08/08 Senate: Referred to Committee on Finance
- 01/16/08 Senate: Rereferred from Fin. (15-Y 0-N)
- 01/16/08 Senate: Rereferred to Commerce and Labor
- 01/21/08 Senate: Reported from Commerce and Labor with substitute (15-Y 0-N)
- 01/21/08 Senate: Committee substitute printed 080143300-S1
- 01/23/08 Senate: Constitutional reading dispensed (40-Y 0-N)
- 01/24/08 Senate: Read second time
- 01/24/08 Senate: Reading of substitute waived
- 01/24/08 Senate: Committee substitute agreed to 080143300-S1
- 01/24/08 Senate: Engrossed by Senate - committee substitute SB398S1
- 01/25/08 Senate: Read third time and passed Senate (39-Y 0-N)
- 01/25/08 Senate: Communicated to House
- 01/30/08 House: Placed on Calendar
- 01/30/08 House: Read first time
- 01/30/08 House: Referred to Committee on Commerce and Labor
- 02/05/08 House: Reported from Commerce and Labor (22-Y 0-N)
- 02/07/08 House: Read second time
- 02/08/08 House: Read third time
- 02/08/08 House: Passed House BLOCK VOTE (98-Y 0-N)
- 02/08/08 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 02/12/08 Senate: Enrolled
- 02/12/08 Senate: Bill text as passed Senate and House (SB398ER)
- 02/12/08 House: Signed by Speaker
- 02/13/08 Senate: Signed by President
- 02/19/08 Governor: Approved by Governor-Chapter 7 (effective 2/19/08)
- 02/20/08 Governor: Acts of Assembly Chapter text (CHAP0007)