VA SB398 | 2008 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on February 19 2008 - 100% progression
Action: 2008-02-20 - Governor: Acts of Assembly Chapter text (CHAP0007)

Summary

Virginia Security of Public Deposits Act; qualified public depository; eligible collateral. Includes as eligible collateral Federal Home Loan Bank letters-of-credit that adhere to the guidelines as promulgated by the Treasury Board. The bill also amends the definition of "qualified public depository" to include banks, trust companies, or savings institutions that are organized under the laws of another state and having a main office or branch office in Virginia where deposits are accepted, checks are paid, and money is lent.

Tracking Information

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Title

Security of Public Deposits Act; eligible collateral & amends definition of public depository.

Sponsors


History

DateChamberAction
2008-02-20 Governor: Acts of Assembly Chapter text (CHAP0007)
2008-02-19 Governor: Approved by Governor-Chapter 7 (effective 2/19/08)
2008-02-13 Senate: Signed by President
2008-02-12 House: Signed by Speaker
2008-02-12 Senate: Bill text as passed Senate and House (SB398ER)
2008-02-12 Senate: Enrolled
2008-02-08 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
2008-02-08 House: Passed House BLOCK VOTE (98-Y 0-N)
2008-02-08 House: Read third time
2008-02-07 House: Read second time
2008-02-05 House: Reported from Commerce and Labor (22-Y 0-N)
2008-01-30 House: Referred to Committee on Commerce and Labor
2008-01-30 House: Read first time
2008-01-30 House: Placed on Calendar
2008-01-25 Senate: Communicated to House
2008-01-25 Senate: Read third time and passed Senate (39-Y 0-N)
2008-01-24 Senate: Engrossed by Senate - committee substitute SB398S1
2008-01-24 Senate: Committee substitute agreed to 080143300-S1
2008-01-24 Senate: Reading of substitute waived
2008-01-24 Senate: Read second time
2008-01-23 Senate: Constitutional reading dispensed (40-Y 0-N)
2008-01-21 Senate: Committee substitute printed 080143300-S1
2008-01-21 Senate: Reported from Commerce and Labor with substitute (15-Y 0-N)
2008-01-16 Senate: Rereferred to Commerce and Labor
2008-01-16 Senate: Rereferred from Fin. (15-Y 0-N)
2008-01-08 Senate: Referred to Committee on Finance
2008-01-08 Senate: Prefiled and ordered printed with emergency clause; offered 01/10/07 084544300

Subjects


Virginia State Sources


Bill Comments

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