VA HB435 | 2021 | Regular Session

Note: Carry Over of previous HB435

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 3 2020 - 25% progression, died in committee
Action: 2020-12-04 - Left in General Laws
Pending: House General Laws Committee
Text: Latest bill text (Prefiled) [HTML]

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. 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.

Tracking Information

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Title

Virginia Security for Public Deposits Act; collateral for public deposits.

Sponsors


History

DateChamberAction
2020-12-04HouseLeft in General Laws
2020-02-06HouseContinued to 2021 in General Laws by voice vote
2020-02-06HouseSubcommittee recommends continuing to 2021 by voice vote
2020-01-15HouseAssigned GL sub: Professions/Occupations and Adminstrative Process
2020-01-03HouseReferred to Committee on General Laws
2020-01-03HousePrefiled and ordered printed; offered 01/08/20 20102583D

Same As/Similar To

HB435 (Carry Over) 2020-02-06 - Continued to 2021 in General Laws by voice vote

Code Citations

ChapterArticleSectionCitation TypeStatute Text
224402(n/a)See Bill Text

Virginia State Sources


Bill Comments

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