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2022 SESSION
SB 329 Credit unions; activity authorized for a federally chartered credit union.
Introduced by: John J. Bell | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Credit unions; activity authorized for a federally chartered credit union. Provides that a credit union has the power to engage in any activity, service, or other practice that is authorized for a federally chartered credit union and that has not otherwise been authorized for a state-chartered credit union, provided that (i) the credit union provides the State Corporation Commission with written notice at least 45 calendar days prior to engaging in any such activity, service, or practice and (ii) the credit union engages in the activity, service, or practice subject to the same terms, conditions, and limitations as applicable to a federally chartered credit union. Additionally, the bill authorizes the Commissioner of the State Corporation Commission to prohibit or restrict the activity, service, or practice at any time. This bill is identical to HB 209.
FULL TEXT
- 01/11/22 Senate: Prefiled and ordered printed; offered 01/12/22 22101541D pdf | impact statement
- 02/07/22 Senate: Committee substitute printed 22105547D-S1 pdf | impact statement
- 03/01/22 Senate: Bill text as passed Senate and House (SB329ER) pdf | impact statement
- 04/11/22 Governor: Acts of Assembly Chapter text (CHAP0607) pdf
AMENDMENTS
HISTORY
- 01/11/22 Senate: Prefiled and ordered printed; offered 01/12/22 22101541D
- 01/11/22 Senate: Referred to Committee on Commerce and Labor
- 02/07/22 Senate: Reported from Commerce and Labor with substitute (15-Y 0-N)
- 02/07/22 Senate: Committee substitute printed 22105547D-S1
- 02/08/22 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/09/22 Senate: Read second time
- 02/09/22 Senate: Reading of substitute waived
- 02/09/22 Senate: Committee substitute agreed to 22105547D-S1
- 02/09/22 Senate: Engrossed by Senate - committee substitute SB329S1
- 02/10/22 Senate: Read third time and passed Senate (40-Y 0-N)
- 02/21/22 House: Placed on Calendar
- 02/21/22 House: Read first time
- 02/21/22 House: Referred to Committee on Commerce and Energy
- 02/22/22 House: Reported from Commerce and Energy (22-Y 0-N)
- 02/24/22 House: Read second time
- 02/25/22 House: Read third time
- 02/25/22 House: Passed House BLOCK VOTE (99-Y 0-N)
- 02/25/22 House: VOTE: Block Vote Passage (99-Y 0-N)
- 03/01/22 Senate: Enrolled
- 03/01/22 Senate: Bill text as passed Senate and House (SB329ER)
- 03/01/22 House: Signed by Speaker
- 03/02/22 Senate: Signed by President
- 03/11/22 Senate: Enrolled Bill Communicated to Governor on March 11, 2022
- 03/11/22 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2022
- 04/11/22 Governor: Approved by Governor-Chapter 607 (effective 7/1/22)
- 04/11/22 Governor: Acts of Assembly Chapter text (CHAP0607)