VA HB209 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Passed on April 11 2022 - 100% progression
Action: 2022-04-11 - Governor: Acts of Assembly Chapter text (CHAP0606)
Text: Latest bill text (Chaptered) [HTML]

Summary

Credit unions; activity authorized for a federally chartered credit union. Provides that a credit union has the power to engage in any activity, service, or other practice that is authorized for a federally chartered credit union and that has not otherwise been authorized for a state-chartered credit union, provided that (i) the credit union provides the State Corporation Commission with written notice at least 45 calendar days prior to engaging in any such activity, service, or practice and (ii) the credit union engages in the activity, service, or practice subject to the same terms, conditions, and limitations as applicable to a federally chartered credit union. Additionally, the bill authorizes the Commissioner of the State Corporation Commission to prohibit or restrict the activity, service, or practice at any time.

Tracking Information

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Title

Credit unions; activity authorized for a federally chartered credit union.

Sponsors


Roll Calls

2022-02-24 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-23 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-21 - Senate - Senate: Reported from Commerce and Labor (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-14 - House - House: VOTE: Block Vote Passage (99-Y 0-N) (Y: 99 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-08 - House - House: Reported from Commerce and Energy with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-03 - House - House: Subcommittee recommends reporting with substitute (10-Y 0-N) (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-04-11 Governor: Acts of Assembly Chapter text (CHAP0606)
2022-04-11 Governor: Approved by Governor-Chapter 606 (effective 7/1/22)
2022-03-11 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2022
2022-03-11HouseEnrolled Bill communicated to Governor on March 11, 2022
2022-02-28SenateSigned by President
2022-02-28HouseSigned by Speaker
2022-02-28HouseBill text as passed House and Senate (HB209ER)
2022-02-28HouseEnrolled
2022-02-24SenatePassed Senate (40-Y 0-N)
2022-02-24SenateRead third time
2022-02-23SenateConstitutional reading dispensed (40-Y 0-N)
2022-02-21SenateReported from Commerce and Labor (14-Y 0-N)
2022-02-16SenateReferred to Committee on Commerce and Labor
2022-02-16SenateConstitutional reading dispensed
2022-02-14HouseVOTE: Block Vote Passage (99-Y 0-N)
2022-02-14HouseRead third time and passed House BLOCK VOTE (99-Y 0-N)
2022-02-11HouseEngrossed by House - committee substitute HB209H1
2022-02-11HouseCommittee substitute agreed to 22105360D-H1
2022-02-11HouseRead second time
2022-02-10HouseRead first time
2022-02-08HouseCommittee substitute printed 22105360D-H1
2022-02-08HouseReported from Commerce and Energy with substitute (22-Y 0-N)
2022-02-03HouseSubcommittee recommends reporting with substitute (10-Y 0-N)
2022-01-25HouseAssigned sub: Subcommittee #2
2022-01-10HouseReferred to Committee on Commerce and Energy
2022-01-10HousePrefiled and ordered printed; offered 01/12/22 22101695D

Same As/Similar To

SB329 (Same As) 2022-04-11 - Governor: Acts of Assembly Chapter text (CHAP0607)
SB329 (Same As) 2022-04-11 - Governor: Acts of Assembly Chapter text (CHAP0607)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
621302(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+HB209
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB209+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB209H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB209ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+CHAP0606+hil
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/22105360D.pdf
Amendmenthttps://committees.lis.virginia.gov/pdfs/22105360D.pdf
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+HB209F171+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+HB209FH1171+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+HB209FER171+PDF
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+H2302V0037+HB0209
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+H23V0086+HB0209
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+HV0802+HB0209
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+S02V0089+HB0209
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0558HB0209+HB0209
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0564HB0209+HB0209

Bill Comments

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