2002 Regular Session

HOUSE BILL 830

File Code: Financial Institutions Crossfiled with: SENATE BILL 385
Sponsored By:
Delegates Sophocleus, Parrott, Bozman, Riley, Crouse, Dobson, Swain, Benson, Bobo, McIntosh, Brinkley, Paige, Dypski, Clagett, and DeCarlo
Entitled:
Banking Institutions - Truncated Accounts

Synopsis:

Repealing specified provisions of law requiring banking institutions offering truncated checking accounts to also offer customers a specified checking account plan and to provide specified information to a customer opening a truncated checking account; clarifying that a request by a customer with a truncated account for return of a check must be in writing; altering the number of checks that a banking institution must return to a customer with a truncated account under specified circumstances; etc.

History by Legislative Date

House Action
2/7
First Reading Commerce and Government Matters
Hearing 3/5 at 3:00 p.m.
3/13
Favorable Report by Commerce and Government Matters
3/14
Favorable Report Adopted
Second Reading Passed
3/18
Third Reading Passed (134-0)
Senate Action
3/18
First Reading Finance
3/19
Hearing 3/27 at 1:00 p.m.
Sponsored by:
Delegate Theodore Sophocleus, District 32
Delegate Joanne C. Benson, District 24
Delegate Elizabeth Bobo, District 12B
Delegate K. Bennett Bozman, District 38
Delegate David R. Brinkley, District 4A
Delegate Virginia P. Clagett, District 30
Delegate James G. Crouse, District 36
Delegate Diane DeCarlo, District 6
Delegate Michael V. Dobson, District 43
Delegate Cornell N. Dypski, District 46
Delegate Maggie McIntosh, District 42
Delegate Jeffrey A. Paige, District 44
Delegate Joanne S. Parrott, District 35A
Delegate B. Daniel Riley, District 34
Delegate Darren M. Swain, District 24
Bill indexed under the following Subjects:
BANKS AND TRUST COMPANIES
CHECKS
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
Bill affects the following Statute:
Financial Institutions
( 5-513 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Vote (Legislative date is shown):
House
March 18, 2002: Third Reading Passed (134-0)