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- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
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Developed and maintained by the Division of Legislative Automated Systems.
2016 SESSION
HB 874 Credit unions; voluntary mergers.
Introduced by: Gregory D. Habeeb | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Credit unions; voluntary mergers. Authorizes the State Corporation Commission (SCC), notwithstanding field of membership requirements, to approve a merger of two Virginia state-chartered credit unions if (i) at least one of the merging credit unions has fewer than 35,000 active members and (ii) neither of the merging credit unions has been a party to a merger pursuant to this exemption within the preceding 24 months. The field of membership of the surviving credit union may be composed of a combination of the fields of membership of the merging credit unions. This bill is identical to SB 582.
FULL TEXT
- 01/12/16 House: Prefiled and ordered printed; offered 01/13/16 16103855D pdf | impact statement
- 02/11/16 House: Committee substitute printed 16105488D-H1 pdf | impact statement
- 03/01/16 House: Bill text as passed House and Senate (HB874ER) pdf | impact statement
- 03/11/16 Governor: Acts of Assembly Chapter text (CHAP0396) pdf
- 03/11/16 Governor: Acts of Assembly Chapter text reprinted (CHAP0396) pdf
AMENDMENTS
HISTORY
- 01/12/16 House: Prefiled and ordered printed; offered 01/13/16 16103855D
- 01/12/16 House: Referred to Committee on Commerce and Labor
- 02/11/16 House: Reported from Commerce and Labor with substitute (22-Y 0-N)
- 02/11/16 House: Committee substitute printed 16105488D-H1
- 02/13/16 House: Read first time
- 02/15/16 House: Read second time
- 02/15/16 House: Committee substitute agreed to 16105488D-H1
- 02/15/16 House: Engrossed by House - committee substitute HB874H1
- 02/16/16 House: Read third time and passed House (93-Y 6-N)
- 02/16/16 House: VOTE: PASSAGE (93-Y 6-N)
- 02/17/16 Senate: Constitutional reading dispensed
- 02/17/16 Senate: Referred to Committee on Commerce and Labor
- 02/22/16 Senate: Reported from Commerce and Labor with amendment (13-Y 2-N)
- 02/24/16 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/25/16 Senate: Read third time
- 02/25/16 Senate: Reading of amendment waived
- 02/25/16 Senate: Committee amendment agreed to
- 02/25/16 Senate: Engrossed by Senate as amended
- 02/25/16 Senate: Passed Senate with amendment (39-Y 1-N)
- 02/26/16 House: Placed on Calendar
- 02/29/16 House: Senate amendment agreed to by House (98-Y 0-N)
- 02/29/16 House: VOTE: ADOPTION (98-Y 0-N)
- 03/01/16 House: Enrolled
- 03/01/16 House: Bill text as passed House and Senate (HB874ER)
- 03/01/16 House: Signed by Speaker
- 03/04/16 Senate: Signed by President
- 03/11/16 House: Enrolled Bill communicated to Governor on 3/11/16
- 03/11/16 Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016
- 03/11/16 Governor: Approved by Governor-Chapter 396 (effective 7/1/16)
- 03/11/16 Governor: Acts of Assembly Chapter text (CHAP0396)
- 03/11/16 Governor: Acts of Assembly Chapter text reprinted (CHAP0396)