West Virginia Senate Bill 826

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 23 2024 - 100% progression
Action: 2024-04-23 - Chapter 227, Acts, Regular Session, 2024
Text: Latest bill text (Enrolled) [HTML]

The purpose of this bill is to harmonize the treatment of reciprocal deposit arrangements to satisfy security for public deposits from county commissions, municipal corporations, and boards of education. Current code sections relating to public deposits from municipal corporations and school boards provide two separate authorizations for depository institutions to employ reciprocal deposit arrangements to satisfy each security requirement. This bill will allow depository institutions to serve county commissions uniformly to municipal corporations and school boards.

Creating exemption from bond or security requirement of banking institutions holding certain funds for county commissions

Sen. Eric Nelson [R]

2024-03-07 - House - Passed House (Roll No. 591) (Y: 97 N: 0 NV: 0 Abs: 3) [PASS]
2024-02-28 - Senate - Passed Senate (Roll No. 301) (Y: 33 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2024-04-23	Senate	Chapter 227, Acts, Regular Session, 2024
2024-03-09	House	Approved by Governor 3/26/24 - House Journal
2024-03-09	Senate	Approved by Governor 3/26/2024 - Senate Journal
2024-03-26	Senate	Approved by Governor 3/26/2024
2024-03-09	House	To Governor 3/12/2024 - House Journal
2024-03-09	Senate	To Governor 3/12/2024 - Senate Journal
2024-03-12	Senate	To Governor 3/12/2024
2024-03-08	Senate	House Message received
2024-03-07	House	Completed legislative action
2024-03-07	House	Communicated to Senate
2024-03-07	House	Passed House (Roll No. 591)
2024-03-07	House	Read 3rd time
2024-03-07	House	On 3rd reading, Special Calendar
2024-03-06	House	Read 2nd time
2024-03-06	House	On 2nd reading, Special Calendar
2024-03-05	House	Read 1st time
2024-03-05	House	On 1st reading, Special Calendar
2024-03-04	House	Do pass
2024-02-29	House	To House Government Organization
2024-02-29	House	Introduced in House
2024-02-28	Senate	Ordered to House
2024-02-28	Senate	Passed Senate (Roll No. 301)
2024-02-28	Senate	Read 3rd time
2024-02-28	Senate	On 3rd reading
2024-02-27	Senate	Read 2nd time
2024-02-27	Senate	On 2nd reading
2024-02-26	Senate	Read 1st time
2024-02-26	Senate	Immediate consideration
2024-02-26	Senate	Committee substitute reported
2024-02-16	Senate	To Banking and Insurance
2024-02-16	Senate	Introduced in Senate
2024-02-16	Senate	To Banking and Insurance
2024-02-16	Senate	Filed for introduction

Chapter	Article	Section	Citation Type	Statute Text
7	6	2	Amended Code	Citation Text

Type	Source
Summary	http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=826&year=2024&sessiontype=RS&btype=bill
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb826%20intr.htm&yr=2024&sesstype=RS&i=826
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb826%20sub1.htm&yr=2024&sesstype=RS&i=826
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb826%20sub1%20enr.htm&yr=2024&sesstype=RS&i=826
Roll Call	http://www.wvlegislature.gov/legisdocs/2024/RS/votes/senate/02-28-0301.pdf
Roll Call	http://www.wvlegislature.gov/legisdocs/2024/RS/votes/house/00591.pdf