HB 1237 Virginia House of Delegates · 2022 Regular Session

Financial institutions; definition of trust business.

Summary

Definition of trust business. Clarifies the definition of "trust business" to specify that engaging in trust business does not include rendering services as an individual attorney at law or through an entity wholly owned by attorneys at law in the performance of duties as a fiduciary.

Bill status signed all 5 stages cleared

Introduction

Jan 2022

Committee Review

Feb 2022

House of Delegates Passage

Feb 2022

Senate Passage

Mar 2022

Signed into Law

Apr 2022

Introduced Jan 19, 2022 Signed Apr 11, 2022

Floor votes · Senate Mar 2, 2022 · House of Delegates Feb 7, 2022

How they voted

34–0

Passed

Total votes 34

Mar 2, 2022

D Democratic18

18 Yea

100% Yea

R Republican16

16 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 11, 2022

Signed into law

Approved by Governor-Chapter 323 (effective 7/1/22)

executive

Mar 3, 2022

Upper · Passed

Passed Senate (39-Y 0-N)

upper

Mar 2, 2022

Senate · Passed

Senate Vote: pass (34-0)

senate

Feb 28, 2022

Upper · Passed

Reported from Commerce and Labor (15-Y 0-N)

upper

Feb 8, 2022

Committee

Referred to Committee on Commerce and Labor

upper

Feb 7, 2022

Lower · Passed

Read third time and passed House BLOCK VOTE (99-Y 0-N)

lower

Feb 4, 2022

Lower · Passed

Engrossed by House - committee substitute HB1237H1

lower

Feb 4, 2022

Lower · Passed

Committee substitute agreed to 22105427D-H1

lower

Feb 1, 2022

Lower · Passed

Reported from Commerce and Energy with substitute (21-Y 0-N)

lower

Jan 27, 2022

Lower · Passed

Subcommittee recommends reporting with substitute (10-Y 0-N)

lower

Jan 27, 2022

Lower · Passed

House subcommittee amendments and substitutes offered

lower

Jan 25, 2022

Committee

Assigned sub: Subcommittee #2

lower

Jan 19, 2022

Committee

Referred to Committee on Commerce and Energy

lower

Jan 19, 2022

Introduced

Presented and ordered printed 22104791D

lower

1 primary · 0 co-sponsors