SB 38 Virginia Senate · 2020 Regular Session

Open-end credit plans; governing law.

Summary
Open-end credit plans; governing law. Providesthat an open-end credit plan shall be governed solely by federallaw and the laws of the Commonwealth, regardless of whether the selleror lender has a physical location in the Commonwealth. The measureremoves a provision that allows another jurisdiction's laws to governif expressly agreed to in writing by the parties.
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2019
Committee Review
Floor Vote
Governor
Introduced Nov 18, 2019 Last action Jan 27, 2020
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Nov 18, 2019
Committee
Referred to Committee on Commerce and Labor
upper
Nov 18, 2019
Introduced
Prefiled and ordered printed; offered 01/08/20 20101106D
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Scott Surovell
Scott Surovell
DDemocratic
VA
34