WV HB4837 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 6-0)
Status: Passed on April 22 2024 - 100% progression
Action: 2024-04-22 - Chapter 44, Acts, Regular Session, 2024
Text: Latest bill text (Enrolled) [HTML]
Spectrum: Partisan Bill (Republican 6-0)
Status: Passed on April 22 2024 - 100% progression
Action: 2024-04-22 - Chapter 44, Acts, Regular Session, 2024
Text: Latest bill text (Enrolled) [HTML]
Summary
The purpose of this bill is to clarify the duty of banks to retain and procure records and to modify the statute of limitations for actions to enforce a demand to be uniform with the timeframe for property abandonment. This bill also provides a presumption of payment by the bank absent evidence of owner consent to renewal or escheatment to the state.
Title
Clarifying the duty of banks to retain and procure records
Sponsors
| Del. Vernon Criss [R] | Del. Trenton Barnhart [R] | Del. Paul Espinosa [R] | Del. John Paul Hott [R] |
| Del. Steve Westfall [R] | Del. Clay Riley [R] |
Roll Calls
2024-03-08 - House - House concurred in Senate amendment and passed bill (Roll No. 701) (Y: 92 N: 1 NV: 0 Abs: 7) [PASS]
2024-03-08 - Senate - Passed Senate with amended title (Roll No. 437) (Y: 33 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-01 - House - Passed House (Roll No. 77) (Y: 93 N: 1 NV: 0 Abs: 6) [PASS]
2024-03-08 - Senate - Passed Senate with amended title (Roll No. 437) (Y: 33 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-01 - House - Passed House (Roll No. 77) (Y: 93 N: 1 NV: 0 Abs: 6) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-22 | House | Chapter 44, Acts, Regular Session, 2024 |
| 2024-03-09 | House | Approved by Governor 3/27/24 - House Journal |
| 2024-03-27 | House | Approved by Governor 3/27/24 |
| 2024-03-09 | Senate | Approved by Governor 3/27/2024 - Senate Journal |
| 2024-03-09 | House | To Governor 3/21/2024 - House Journal |
| 2024-03-21 | House | To Governor 3/21/2024 |
| 2024-03-09 | Senate | To Governor 3/21/2024 - Senate Journal |
| 2024-03-09 | Senate | House Message received |
| 2024-03-08 | House | Completed legislative action |
| 2024-03-08 | House | Communicated to Senate |
| 2024-03-08 | House | House concurred in Senate amendment and passed bill (Roll No. 701) |
| 2024-03-08 | House | House received Senate message |
| 2024-03-08 | Senate | Senate requests House to concur |
| 2024-03-08 | Senate | Passed Senate with amended title (Roll No. 437) |
| 2024-03-08 | Senate | Read 3rd time |
| 2024-03-08 | Senate | On 3rd reading |
| 2024-03-07 | Senate | Judiciary Committee amend. as amended adopted (Voice vote) |
| 2024-03-07 | Senate | Amendment to Judiciary comm. amend. adopted (Voice vote) |
| 2024-03-07 | Senate | Judiciary Committee Amendment Reported |
| 2024-03-07 | Senate | Banking and Insurance comm. amend. withdrawn by unanimous consent |
| 2024-03-07 | Senate | Read 2nd time |
| 2024-03-07 | Senate | On 2nd reading |
| 2024-03-06 | Senate | Read 1st time |
| 2024-03-06 | Senate | Immediate consideration |
| 2024-03-06 | Senate | Reported do pass, with amendment |
| 2024-02-13 | Senate | To Judiciary |
| 2024-02-13 | Senate | Reported do pass with amend and title amend but first to Judiciary |
| 2024-02-05 | Senate | To Banking and Insurance |
| 2024-02-05 | Senate | To Banking and Insurance then Judiciary |
| 2024-02-05 | Senate | Introduced in Senate |
| 2024-02-01 | House | Communicated to Senate |
| 2024-02-01 | House | Passed House (Roll No. 77) |
| 2024-02-01 | House | Read 3rd time |
| 2024-02-01 | House | On 3rd reading, Special Calendar |
| 2024-01-31 | House | Read 2nd time |
| 2024-01-31 | House | On 2nd reading, Special Calendar |
| 2024-01-30 | House | Read 1st time |
| 2024-01-30 | House | On 1st reading, Special Calendar |
| 2024-01-29 | House | By substitute, do pass |
| 2024-01-24 | House | Do pass, but first to Judiciary |
| 2024-01-17 | House | To House Banking and Insurance |
| 2024-01-17 | House | Introduced in House |
| 2024-01-17 | House | To Banking and Insurance then Judiciary |
| 2024-01-17 | House | Filed for introduction |
Same As/Similar To
SB454 (Similar To) 2024-01-15 - To Banking and Insurance
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 31A | 4 | 35 | Amended Code | Citation Text |
| 46 | 3 | 118 | Amended Code | Citation Text |
