Relates to the effectiveness of certain provisions of the banking law
This bill extends the expiration date for specific banking law provisions from September 10, 2024, to September 10, 2029. It directly affects banks, trust companies, and other financial institutions by keeping in place rules that allow them to exercise certain rights and powers previously granted by national banks. The legislation ensures that any regulations created under these sections remain valid even after the main provisions expire. Additionally, it maintains the immediate effectiveness of the act while delaying the repeal of the extended sections.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
Governor
Introduced May 14, 2024
Last action May 28, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
1
May 14, 2024
Senate · Referred to committee
REFERRED TO BANKS
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
James Sanders
DDemocratic
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