2006 Regular Session

HOUSE BILL 300

CHAPTER NUMBER: 309 File Code: State Government - Procurement Crossfiled with: SENATE BILL 171
Sponsored By:
Delegate Vaughn (Co-Chair, Task Force on Lending Equity Within Financial Institutions Providing State Depository Services) and Delegates Branch, Haddaway, and Taylor
Entitled:
State Treasurer - Designation of Financial Institution for Banking Services

Synopsis:

Requiring the Treasurer to give a specified percentage of the weight of the decision to specified standards in deciding whether to designate a financial institution as a depositary for State money and make an agreement with a financial institution for a banking service; requiring the Treasurer to consider whether a financial institution received a specified rating on its most recent examination under the federal Community Reinvestment Act of 1977; etc.

History by Legislative Date

House Action
1/25
First Reading Appropriations
Hearing 2/7 at 1:00 p.m.
2/27
Favorable with Amendments Report by Appropriations
2/28
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/2
Third Reading Passed (141-0)
3/31
Returned Passed
Senate Action
3/3
First Reading Finance
3/15
Hearing 3/28 at 1:00 p.m.
3/30
Favorable Report by Finance
3/29
Favorable Report Adopted
Second Reading Passed
3/30
Third Reading Passed (33-0)
Action after passage in House and Senate
5/2
Signed by the Governor Chapter 309

Sponsored by:

Delegate Michael L. Vaughn, District 24
Delegate Talmadge Branch, District 45
Delegate Jeannie Haddaway, District 37B
Lndg Equity within Fincl Insts Prvdng St Dpstry Sv
Delegate Herman L. Taylor, Jr., District 14

Bill indexed under the following Subjects:

BANKS AND TRUST COMPANIES
COMMUNITY DEVELOPMENT
DISCRIMINATION
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
LOANS -see also- MORTGAGES
MINORITIES -see also- WOMEN
PROCUREMENT
PUBLIC OFFICIALS -see also- ATTY GEN; COMP; CO ADMIN; etc
SMALL BUSINESS
TREASURERS

Bill affects the following Statute:

State Finance and Procurement
( 6-203 )

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):
House
Number: 684667/01 (PDF)     Offered on: February 28, 2006   at: 10:16 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 2, 2006: Third Reading Passed (141-0)
Senate
March 30, 2006: Third Reading Passed (33-0)