VA SB1290 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 7 2019 - 25% progression, died in chamber
Action: 2019-01-28 - Failed to report (defeated) in Commerce and Labor (5-Y 7-N 1-A)
Text: Latest bill text (Prefiled) [HTML]

Summary

Open-end credit plans; governing law. Provides that an open-end credit plan shall be governed solely by federal law and the laws of the Commonwealth, regardless of whether the seller or lender has a physical location in the Commonwealth. The measure removes a provision that allows another jurisdiction's laws to govern if expressly agreed in writing by the parties.

Tracking Information

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Title

Open-end credit plans; governing law.

Sponsors


Roll Calls

2019-01-28 - Senate - Senate: Failed to report (defeated) in Commerce and Labor (5-Y 7-N 1-A) (Y: 5 N: 7 NV: 0 Abs: 1) [FAIL]

History

DateChamberAction
2019-01-28SenateFailed to report (defeated) in Commerce and Labor (5-Y 7-N 1-A)
2019-01-07SenateReferred to Committee on Commerce and Labor
2019-01-07SenatePrefiled and ordered printed; offered 01/09/19 19103712D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
62435(n/a)See Bill Text

Virginia State Sources


Bill Comments

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