State Corporation Commission; supervisory merger or transfer of assets of certain credit unions.
Summary
State Corporation Commission; supervisory merger or transfer of assets of financially unstable credit union. Amends the provisions governing the supervisory merger or transfer of assets of insolvent credit unions to include state credit unions that are financially unstable. The measure removes the requirement that the Commission find that an emergency exists to expedite mergers or sales of assets between credit unions.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2021
Committee Review
Feb 2021
House of Delegates Passage
Jan 2021
Senate Passage
Feb 2021
Signed into Law
Mar 2021
Introduced Jan 11, 2021
Signed Mar 18, 2021
Floor votes · Senate Feb 24, 2021 · House of Delegates Jan 22, 2021
How they voted
33–0
Passed
Total votes 33
Feb 24, 2021
D
Democratic17
100% Yea
R
Republican16
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
27
Key actions
7
Committee
6
Amendments
1
Mar 18, 2021
Signed into law
Approved by Governor-Chapter 143 (effective 7/1/21)
executive
Feb 24, 2021
Upper · Passed
Passed Senate (39-Y 0-N)
upper
Feb 22, 2021
Upper · Passed
Reported from Commerce and Labor (15-Y 0-N)
upper
Jan 25, 2021
Committee
Referred to Committee on Commerce and Labor
upper
Jan 22, 2021
Lower · Passed
Read third time and passed House BLOCK VOTE (99-Y 0-N)
lower
Jan 21, 2021
Introduced
Engrossed by House as amended HB1964E
lower
Jan 21, 2021
Lower · Passed
Committee amendments agreed to
lower
Jan 19, 2021
Lower · Passed
Reported from Labor and Commerce with amendment(s) (22-Y 0-N)
lower
Jan 19, 2021
Lower · Passed
House committee, floor amendments and substitutes offered
lower
Jan 11, 2021
Committee
Referred to Committee on Labor and Commerce
lower
Jan 11, 2021
Introduced
Prefiled and ordered printed; offered 01/13/21 21100820D
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Lamont Bagby
DDemocratic
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