File Code: Financial Institutions
Crossfiled with: SENATE BILL 114
- Sponsored By:
-
Delegate Wood (Task Force to Study Bank Charter Modernization)
- Entitled:
-
Financial Institutions - Bank Charter Modernization and Other Banking
Law Reforms
Consolidating specified laws relating to real estate appraisal
policies; repealing the requirement that commercial banks file a list
of stockholders with the Commissioner of Financial Regulation;
allowing banking institution directors to serve staggered terms;
repealing specified requirements relating to bills payable that limit
the borrowing authority and flexibility of State-chartered banks in
comparison to national banks; etc.
House Action
- 1/18
- First Reading Commerce and Government Matters
- 1/20
- Hearing 2/2 at 1:00 p.m.
- 2/15
- Favorable with Amendments Report by Commerce and Government Matters
- 2/16
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 2/18
- Third Reading Passed (113-16)
- 3/31
- House Refuses to Concur - Senate Amendments
- House Requests Senate Recede
- Conference Committee Appointed ...
- Delegates McIntosh, Brinkley, and Sophocleus
- 4/2
- Return Passed
- 5/27
- Governor vetoed - Cross-filed bill was signed
Senate Action
- 2/19
- First Reading Finance
- 3/10
- Hearing 3/23 at 1:00 p.m.
- 3/31
- Favorable with Amendments Report by Finance
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/1
- Third Reading Passed with Amendments (46-0)
- 4/5
- Senate Recede
- Motion Reconsider Third Reading (Senator Bromwell) Adopted
- Motion Reconsider Committee Amendments (Senator Bromwell) Adopted
- Committee Amendments Withdrawn
- Third Reading Passed (47-0)
- Bill indexed under the following Subjects:
- APPRAISALS
- BANKS AND TRUST COMPANIES
- CHARTERS
- FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
- INVESTMENTS -see also- SECURITIES
- REAL ESTATE -see also- AGENTS AND BROKERS
- REAL PROPERTY
- RECORDS -see also- RCDNGS; LAND RCDS; VITAL RCDS; CRIM BKGD.
- SECURITIES
- Bill affects the following Statutes:
- Financial Institutions
- (
1-208 ,
2-110 ,
3-313 ,
3-405 ,
3-405 ,
3-406 ,
3-508 ,
3-603 ,
4-505 ,
4-505 ,
4-506 ,
5-206.1 ,
5-503 ,
5-504
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 656671/1 (PDF) Offered on: February 16, 1999 at:
10:22 a.m. Status: Adopted
- Senate
- Number: 417763/1 (PDF) Offered on: March 31, 1999 at:
11:09 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- February 18, 1999: Third Reading Passed (113-16)
- Senate
- April 1, 1999: Third Reading Passed (46-0)
- April 5, 1999: Third Reading Passed (47-0)