VA SB1272 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on March 5 2019 - 100% progression
Action: 2019-03-05 - Governor: Acts of Assembly Chapter text (CHAP0244)
Text: Latest bill text (Chaptered) [HTML]

Summary

Banks; directors' meetings. Removes the ability of a bank's shareholders to fix the number that constitutes a quorum for a meeting of the bank's board of directors at not less than five. In its place, the measure authorizes a bank's shareholders to adopt a bylaw setting as a quorum a number that is not less than a majority of the bank's directors. This bill is identical to HB 2298.

Tracking Information

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Title

Banks; directors' meetings.

Sponsors


Roll Calls

2019-02-13 - House - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (Y: 98 N: 0 NV: 1 Abs: 0) [PASS]
2019-02-12 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-25 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-25 - Senate - Senate: Reconsideration of passage agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-25 - Senate - Senate: Read third time and passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2019-01-23 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2019-01-21 - Senate - Senate: Reported from Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-03-05 Governor: Acts of Assembly Chapter text (CHAP0244)
2019-03-05 Governor: Approved by Governor-Chapter 244 (effective 7/1/19)
2019-02-20 Governor: Governor's Action Deadline Midnight, March 26, 2019
2019-02-20SenateEnrolled Bill Communicated to Governor on February 20, 2019
2019-02-19SenateSigned by President
2019-02-18HouseSigned by Speaker
2019-02-18SenateBill text as passed Senate and House (SB1272ER)
2019-02-18SenateEnrolled
2019-02-13HouseVOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
2019-02-13HousePassed House BLOCK VOTE (98-Y 0-N)
2019-02-13HouseRead third time
2019-02-12HouseRead second time
2019-02-12HouseReported from Commerce and Labor (22-Y 0-N)
2019-01-29HouseReferred to Committee on Commerce and Labor
2019-01-29HouseRead first time
2019-01-29HousePlaced on Calendar
2019-01-25SenatePassed Senate (40-Y 0-N)
2019-01-25SenateReconsideration of passage agreed to by Senate (40-Y 0-N)
2019-01-25SenateRead third time and passed Senate (39-Y 0-N)
2019-01-24SenateRead second time and engrossed
2019-01-23SenateConstitutional reading dispensed (39-Y 0-N)
2019-01-21SenateReported from Commerce and Labor (15-Y 0-N)
2019-01-07SenateReferred to Committee on Commerce and Labor
2019-01-07SenatePrefiled and ordered printed; offered 01/09/19 19101506D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
62866(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+SB1272
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1272+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1272ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+CHAP0244+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+S02V0053+SB1272
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0151SB1272+SB1272
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0178SB1272+SB1272
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0179SB1272+SB1272
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0180SB1272+SB1272
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+H14V0153+SB1272
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+HV2706+SB1272

Bill Comments

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