HB 2419 Virginia House of Delegates · 2019 Regular Session

Banks; capital stock.

Summary
Repeals a provision that bars the State Corporation Commission from authorizing a bank to commence business if commissions or other compensation have been paid by the bank for the sale of stock in the bank. The measure also removes the requirement that both organizing directors of a bank be bonded for an amount equal to the total amount of money to be collected before the bank opens for business through stock subscriptions or from purchases of the bank's stock. This bill is identical to
Bill status signed all 5 stages cleared
Introduction
Jan 2019
Committee Review
Jan 2019
House of Delegates Passage
Jan 2019
Senate Passage
Feb 2019
Signed into Law
Mar 2019
Introduced Jan 8, 2019 Signed Mar 8, 2019
Floor votes · Senate Feb 13, 2019

How they voted

330
Passed
Total votes 33
Feb 13, 2019
D Democratic13
13 Yea
100% Yea
R Republican20
20 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
15
Key actions
3
Committee
2
Mar 8, 2019
Signed into law
Approved by Governor-Chapter 253 (effective 7/1/19)
executive
Feb 13, 2019
Senate · Passed
Senate Vote: pass (33-0)
senate
Jan 29, 2019
Committee
Referred to Committee on Commerce and Labor
upper
Jan 28, 2019
Lower · Passed
Read third time and passed House BLOCK VOTE (99-Y 0-N)
lower
Jan 8, 2019
Committee
Referred to Committee on Commerce and Labor
lower
Jan 8, 2019
Introduced
Prefiled and ordered printed; offered 01/09/19 19103830D
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of David E. Yancey
David E. Yancey
RRepublican
VA
94