2006 Regular Session

SENATE BILL 1093

EMERGENCY BILL
File Code: Financial Institutions Crossfiled with: HOUSE BILL 1735
Sponsored By:
Senator Astle
Entitled:
Branching by Banks

Synopsis:

Prohibiting a banking institution or out-of-state bank from establishing or maintaining a branch in the State on the premises or property of an affiliate if the affiliate engages in commercial activities.

History by Legislative Date

Senate Action
3/16
First Reading Senate Rules
Motion Rules Suspended for late introduction (Senator Astle) Adopted
Referred Senate Rules
3/20
Re-referred Finance
3/21
Hearing 3/24 at 1:00 p.m.
3/30
Favorable with Amendments Report by Finance
3/29
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/30
Third Reading Passed (32-0)
4/4
Returned Passed
House Action
3/31
First Reading Economic Matters
4/4
Hearing 4/5 at 1:00 p.m.
4/6
Favorable Report by Economic Matters
4/2
Favorable Report Adopted
Second Reading Passed
4/3
Third Reading Passed (137-0)
Action after passage in Senate and House
5/26
Governor vetoed - Duplicative

Bill indexed under the following Subjects:

BANKS AND TRUST COMPANIES
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.

Bill affects the following Statutes:

Financial Institutions
( 5-1001 , 5-1003 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
Senate
Number: 297377/01 (PDF)     Offered on: March 30, 2006   at: 4:38 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 30, 2006: Third Reading Passed (32-0)
House
April 3, 2006: Third Reading Passed (137-0)