HB 813 Virginia House of Delegates · 2020 Regular Session

Credit unions; board of directors compensation.

Summary

Credit unions; director compensation. Provides that compensation of members of a credit union's board of directors and members of the credit and supervisory committees shall be determined by a written policy approved by the board of directors, provided that annual compensation for an individual member does not exceed $6,000. The measure removes the existing prohibition on compensating members of a credit union's board of directors for services as a member of the board. This bill is identical to SB 296.

Bill status signed all 5 stages cleared

Introduction

Jan 2020

Committee Review

Feb 2020

House of Delegates Passage

Jan 2020

Senate Passage

Feb 2020

Signed into Law

Mar 2020

Introduced Jan 7, 2020 Signed Mar 10, 2020

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 10, 2020

Signed into law

Approved by Governor-Chapter 262 (effective 7/1/20)

executive

Feb 20, 2020

Upper · Passed

Passed Senate (40-Y 0-N)

upper

Feb 17, 2020

Upper · Passed

Reported from Commerce and Labor (14-Y 0-N)

upper

Jan 30, 2020

Committee

Referred to Committee on Commerce and Labor

upper

Jan 29, 2020

Lower · Passed

Read third time and passed House BLOCK VOTE (98-Y 0-N)

lower

Jan 28, 2020

Lower · Passed

Engrossed by House - committee substitute HB813H1

lower

Jan 28, 2020

Lower · Passed

Committee substitute agreed to 20106517D-H1

lower

Jan 23, 2020

Lower · Passed

Reported from Labor and Commerce with substitute (17-Y 0-N)

lower

Jan 23, 2020

Lower · Passed

House committee, floor amendments and substitutes offered

lower

Jan 7, 2020

Committee

Referred to Committee on Labor and Commerce

lower

Jan 7, 2020

Introduced

Prefiled and ordered printed; offered 01/08/20 20103003D

lower

1 primary · 1 co-sponsor