2001 Regular Session

SENATE BILL 377

CHAPTER NUMBER: 147 File Code: Financial Institutions Crossfiled with: HOUSE BILL 399
Sponsored By:
Senator Astle (Co-Chairman, Task Force to Study the Modernization of Credit Union Law) and Senator Hafer
Entitled:
Financial Institutions - Credit Union Law Modernization and Other Credit Union Law Reforms

Synopsis:

Requiring a State credit union to receive approval from the Commissioner of Financial Regulation before establishing an automated teller machine (ATM) at specified locations; altering the tax exempt status of a State credit union; altering the field of membership limitations for a State credit union; altering the incorporation process for a State credit union; altering the "wildcard" provision under which a State credit union may engage in specified activities with the prior approval of the Commissioner; etc.

History by Legislative Date

Senate Action
2/1
First Reading Finance
2/6
Hearing 2/21 at 1:00 p.m.
3/6
Favorable with Amendments Report by Finance
3/7
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/9
Third Reading Passed (45-0)
4/1
Returned Passed
4/20
Signed by the Governor Chapter 147
House Action
3/12
First Reading Commerce and Government Matters
3/14
Hearing 3/28 at 1:00 p.m.
4/2
Favorable Report by Commerce and Government Matters
3/28
Favorable Report Adopted
Second Reading Passed
3/29
Third Reading Passed (140-0)
Sponsored by:
Senator John C. Astle, District 30
Senator John J. Hafer, District 1
Bill indexed under the following Subjects:
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
CREDIT
CREDIT UNIONS
DISCLOSURE
EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
EXEMPTIONS
FEES -see also- DEVELOPMENT FEES AND TAXES
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
FINANCIAL REGULATION, DIVISION OF
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
INTERSTATE AFFAIRS
INVESTMENTS -see also- SECURITIES
LOANS -see also- MORTGAGES
MERGERS
NOTICES
RECORDS -see also- LAND RECORDS; VITAL RECORDS
REPORTS
Bill affects the following Statutes:
Commercial Law
( 12-905 )
Financial Institutions
( 1-403 , 6-101 , 6-101 , 6-101 , 6-102 , 6-103 , 6-104 , 6-201 , 6-202 , 6-203 , 6-204 , 6-204 , 6-205 , 6-205 , 6-206 , 6-206 , 6-207 , 6-208 , 6-209 , 6-210 , 6-211 , 6-211.1 , 6-212 , 6-213 , 6-214 , 6-215 , 6-216 , 6-217 , 6-218 , 6-219 , 6-220 , 6-221 , 6-222 , 6-223 , 6-301 , 6-302 , 6-303 , 6-303 , 6-304 , 6-304 , 6-305 , 6-306 , 6-307 , 6-307.1 , 6-307.2 , 6-307.3 , 6-308 , 6-309 , 6-309 , 6-310 , 6-326 , 6-327 , 6-333 , 6-401 , 6-402 , 6-403 , 6-404 , 6-501 , 6-502 , 6-503 , 6-504 , 6-505 , 6-506 , 6-507 , 6-509 , 6-510 , 6-511 , 6-601 , 6-602 , 6-603 , 6-604 , 6-605 , 6-606 , 6-607 , 6-607 , 6-608 , 6-608 , 6-609 , 6-701 , 6-701.1 , 6-702 , 6-702 , 6-703 , 6-704 , 6-704 , 6-706 , 6-707 , 6-713 , 6-714 , 6-715 , 6-806 , 6-807 , 6-808 , 6-809 , 6-903 , 6-904 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 777878/1 (PDF)     Offered on: March 7, 2001   at: 8:49 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 9, 2001: Third Reading Passed (45-0)
House
March 29, 2001: Third Reading Passed (140-0)