VA HB708 | 2012 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 1 2012 - 100% progression
Action: 2012-03-01 - Governor: Acts of Assembly Chapter text (CHAP0059)
Text: Latest bill text (Chaptered) [HTML]

Summary

Bank-owned real estate. Repeals a provision that limits to 10 years the period that banks may hold real estate acquired in satisfaction of a debt previously contracted. The measure allows state banks to hold such property indefinitely without writing down the asset's value.

Tracking Information

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Title

Bank-owned real estate; repeals provision that limits period that banks may hold.

Sponsors


Roll Calls

2012-02-15 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-14 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-13 - Senate - Senate: Reported from Commerce and Labor (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2012-01-26 - House - House: VOTE: PASSAGE (97-Y 0-N) (Y: 99 N: 0 NV: 3 Abs: 0) [PASS]
2012-01-19 - House - House: Reported from Commerce and Labor (21-Y 1-N) (Y: 22 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2012-03-01 Governor: Acts of Assembly Chapter text (CHAP0059)
2012-03-01 Governor: Approved by Governor-Chapter 59 (effective 7/1/12)
2012-02-20 Senate: Signed by President
2012-02-17 House: Signed by Speaker
2012-02-17 House: Bill text as passed House and Senate (HB708ER)
2012-02-17 House: Enrolled
2012-02-15 Senate: Passed Senate (40-Y 0-N)
2012-02-15 Senate: Read third time
2012-02-14 Senate: Constitutional reading dispensed (40-Y 0-N)
2012-02-13 Senate: Reported from Commerce and Labor (14-Y 0-N)
2012-01-27 Senate: Referred to Committee on Commerce and Labor
2012-01-27 Senate: Constitutional reading dispensed
2012-01-26 House: VOTE: PASSAGE (97-Y 0-N)
2012-01-26 House: Read third time and passed House (97-Y 0-N)
2012-01-25 House: Read second time and engrossed
2012-01-24 House: Passed by for the day
2012-01-23 House: Read first time
2012-01-19 House: Reported from Commerce and Labor (21-Y 1-N)
2012-01-11 House: Referred to Committee on Commerce and Labor
2012-01-11 House: Prefiled and ordered printed; offered 01/11/12 12104003D

Same As/Similar To

SB121 (Same As) 2012-03-07 - Governor: Acts of Assembly Chapter text (CHAP0157)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
62872(n/a)See Bill Text

Virginia State Sources


Bill Comments

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