Virginia Security for Public Deposits Act; collateral for public deposits.
Summary
Virginia Security for Public Deposits Act; collateral for public deposits. Specifies that required collateral of a qualified public depository must be deposited with a qualified escrow agent within two business days of accepting public deposits. Current law requires deposits to be collateralized at the time of deposit.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 3, 2020
Last action Dec 4, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
1
Committee
3
Feb 6, 2020
Lower · Passed
Subcommittee recommends continuing to 2021
lower
Jan 15, 2020
Committee
Assigned GL sub: Professions/Occupations and Adminstrative Process
lower
Jan 3, 2020
Committee
Referred to Committee on General Laws
lower
Jan 3, 2020
Introduced
Prefiled and ordered printed; offered 01/08/20 20102583D
lower
1 primary · 1 co-sponsor
Sponsors
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