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ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
1994 SESSION
HB 1040 Banking and finance; interstate banking.
Introduced by: W. W. Bennett, Jr. | all patrons ... notes | add to my profiles
SUMMARY:
Banking and finance; interstate banking. Authorizes nationwide interstate banking. This legislation would remove Virginia's regional limitation on interstate banking and allow Virginia bank holding companies to acquire banking institutions located in any state with reciprocal national banking laws. Likewise, an out-of-state bank holding company would be permitted to acquire a Virginia banking institution if the laws of its home state allow acquisitions by Virginia bank holding companies under the same conditions. Current law permits acquisitions by Virginia bank holding companies in thirteen states in the southeast region and the District of Columbia. Virginia's interstate banking law would retain all current regulatory requirements.
FULL TEXT
- 01/25/94 House: Presented and ordered printed pdf
- 02/08/94 House: Printed as engrossed LD1748288 (HB1040E) pdf
- 03/03/94 House: Bill text as passed House and Senate (HB1040ER) pdf
- 04/07/94 Governor: Acts of Assembly Chapter text (CHAP0351) pdf
AMENDMENTS
HISTORY
- 01/25/94 House: Presented and ordered printed
- 01/25/94 House: Referred to Committee on Corporations, Insurance and Banking
- 02/03/94 House: Reported from Corp., Ins. & Banking (22-Y 0-N)
- 02/04/94 House: Read first time
- 02/07/94 House: Read second time and engrossed
- 02/08/94 House: Read third time
- 02/08/94 House: Engrossment reconsidered by House
- 02/08/94 House: Amendment by Del. Bennett agreed to
- 02/08/94 House: Engrossed by House as amended
- 02/08/94 House: Printed as engrossed LD1748288 (HB1040E)
- 02/08/94 House: Passed House (97-Y 0-N)
- 02/08/94 House: VOTE: PASSAGE (97-Y 0-N)
- 02/08/94 House: Communicated to Senate
- 02/09/94 Senate: Read first time
- 02/09/94 Senate: Referred to Committee on Commerce and Labor
- 02/21/94 Senate: Reported from Commerce and Labor (14-Y 0-N)
- 02/22/94 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/22/94 Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
- 02/23/94 Senate: Read third time
- 02/23/94 Senate: Passed Senate (38-Y 0-N)
- 02/23/94 Senate: VOTE: PASSAGE (38-Y 0-N)
- 03/03/94 House: Bill text as passed House and Senate (HB1040ER)
- 03/12/94 House: Enrolled
- 03/12/94 House: Signed by Speaker
- 03/14/94 Senate: Signed by President
- 04/05/94 Governor: Approved by Governor-Chapter 351 (effective 7/1/94)
- 04/07/94 Governor: Acts of Assembly Chapter text (CHAP0351)