VirginiaFinancial institutions; officers and directors.
What it does
Financial institutions; officers and directors. Provides that the State Corporation Commission may permit, upon petition, an individual to serve as an officer or on the boards of directors of more than one financial institution if the Commission finds that the financial institutions are not in competition with each other or that one or both of the institutions might otherwise be denied capable management or direction from an individual residing in or employed in the locality served by an institution.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 13Approved by Governor Abigail Spanberger-Chapter 903 (effective 7/1/2026)Became Law
- Apr 6Fiscal Impact Statement from State Corporation Commission (SB734)
- Mar 31Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 31Enrolled Bill communicated to Governor on March 31, 2026Minor
- Mar 31Signed by SpeakerMajor
- Mar 30Signed by PresidentMajor
- Mar 30Bill text as passed Senate and House (SB734ER)Major
- Mar 30EnrolledMinor
- Mar 10Passed House (99-Y 0-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 10Read third timeMinor
- Mar 9Read second timeMinor
- Mar 5Reported from Labor and Commerce (21-Y 0-N)Minor
- Vote recorded Reported from Labor and Commerce. Result: pass.Lower
- Mar 3Subcommittee recommends reporting (9-Y 0-N)
- Vote recorded Subcommittee recommends reporting. Result: pass.Lower
- Feb 25Assigned HCL sub: Subcommittee #1Minor
- Feb 4Referred to Committee on Labor and CommerceMinor
- Feb 4Read first timeMinor
- Feb 4Placed on Calendar
- Jan 30Read third time and passed Senate (38-Y 0-N 0-A)Passed Senate
- Vote recorded Passage R. Result: pass.Upper
- Jan 29Engrossed by Senate (Voice Vote)
- Jan 29Read second timeMinor
- Jan 28Passed by for the day
- Vote recorded Constitutional reading dispensed R. Result: pass.Upper
- Jan 28Passed by for the day Block Vote (Voice Vote)
- Jan 28Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
- Jan 28Rules suspended
- Jan 26Reported from Commerce and Labor (15-Y 0-N)Minor
- Vote recorded Reported from Commerce and Labor. Result: pass.Upper
- Jan 25Fiscal Impact Statement from State Corporation Commission (SB734)
- Jan 16Referred to Committee on Commerce and LaborMinor
- Jan 16Presented and ordered printed 26104585DIntroduced