VA HB1992 | 2011 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 18 2011 - 100% progression
Action: 2011-03-18 - Governor: Acts of Assembly Chapter text (CHAP0240)
Text: Latest bill text (Chaptered) [HTML]

Summary

Banks; capital stock. Exempts restricted stock award plans from the requirement that a bank's capital stock be paid in money. The measure also provides that a stock option shall not be granted at a price which is less than 100 percent of the fair market value per share of the stock; an existing provision limits such price to 100 percent of the stock's book value as shown by the bank's last published statement prior to the granting of the option.

Tracking Information

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Title

Banks; capital stock.

Sponsors


Roll Calls

2011-02-21 - House - House: VOTE: ADOPTION (98-Y 0-N 1-A) (Y: 100 N: 0 NV: 0 Abs: 1) [PASS]
2011-02-17 - Senate - Senate: Passed Senate with amendment (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2011-02-16 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2011-02-14 - Senate - Senate: Reported from Commerce and Labor with amendment (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2011-01-24 - House - House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (Y: 99 N: 0 NV: 2 Abs: 0) [PASS]
2011-01-18 - House - House: Reported from Commerce and Labor (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2011-03-18 Governor: Acts of Assembly Chapter text (CHAP0240)
2011-03-18 Governor: Approved by Governor-Chapter 240 (effective 7/1/11)
2011-02-28 Senate: Signed by President
2011-02-26 House: Signed by Speaker
2011-02-25 House: Bill text as passed House and Senate (HB1992ER)
2011-02-25 House: Enrolled
2011-02-21 House: VOTE: ADOPTION (98-Y 0-N 1-A)
2011-02-21 House: Senate amendment agreed to by House (98-Y 0-N 1-A)
2011-02-18 House: Placed on Calendar
2011-02-17 Senate: Passed Senate with amendment (39-Y 0-N)
2011-02-17 Senate: Engrossed by Senate as amended
2011-02-17 Senate: Committee amendment agreed to
2011-02-17 Senate: Reading of amendment waived
2011-02-17 Senate: Read third time
2011-02-16 Senate: Constitutional reading dispensed (40-Y 0-N)
2011-02-14 Senate: Reported from Commerce and Labor with amendment (15-Y 0-N)
2011-01-25 Senate: Referred to Committee on Commerce and Labor
2011-01-25 Senate: Constitutional reading dispensed
2011-01-24 House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
2011-01-24 House: Read third time and passed House BLOCK VOTE (97-Y 0-N)
2011-01-21 House: Read second time and engrossed
2011-01-20 House: Read first time
2011-01-18 House: Reported from Commerce and Labor (21-Y 0-N)
2011-01-11 House: Referred to Committee on Commerce and Labor
2011-01-11 House: Prefiled and ordered printed; offered 01/12/11 11101090D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
62817(n/a)See Bill Text

Virginia State Sources


Bill Comments 750

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