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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Banks; capital stock. Repeals a provision that bars the State Corporation Commission from authorizing a bank to commence business if commissions or other compensation have been paid by the bank for the sale of stock in the bank. The measure also removes the requirement that both organizing directors of a bank be bonded for an amount equal to the total amount of money to be collected before the bank opens for business through stock subscriptions or from purchases of the bank's stock. This bill is identical to us/states/va Virginia General Assembly 2019 HB 2419 Virginia HB 2419 (2019)
bill
Commissions
Boards and Institutions Generally
Financial Institutions and Services
State Corporation Commission
enacted
David E. Yancey
3 14 5 2019-01-08 2019-03-08 openstates ocd-bill/7b04a62f-d5f7-4ce9-b5a7-2da266564076 http://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+HB2419 3eee072ce5720a87f0601389ac042d5c15bf45b158f2ea6b55df591c79b9b534 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-va

Virginia HB 2419 (2019) — Banks; capital stock.

Repeals a provision that bars the State Corporation Commission from authorizing a bank to commence business if commissions or other compensation have been paid by the bank for the sale of stock in the bank. The measure also removes the requirement that both organizing directors of a bank be bonded for an amount equal to the total amount of money to be collected before the bank opens for business through stock subscriptions or from purchases of the bank's stock. This bill is identical to

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. Governor: Acts of Assembly Chapter text (CHAP0253) (committee substitute) — source
  2. House: Bill text as passed House and Senate (HB2419ER) (committee substitute) — source
  3. House: Prefiled and ordered printed; offered 01/09/19 19103830D (committee substitute) — source

Votes

  • Reported from Commerce and Labor — 130 (pass) · upper
  • Reported from Commerce and Labor — 220 (pass) · lower
  • Read third time and passed House BLOCK VOTE — 990 (pass) · lower
  • Passed Senate — 400 (pass) · upper
  • Constitutional reading dispensed — 390 (pass) · upper

Sponsors

  • David E. Yancey — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2019-01-08 Prefiled and ordered printed; offered 01/09/19 19103830D introduction
  • 2019-01-08 Referred to Committee on Commerce and Labor referral-committee
  • 2019-01-24 Read first time reading-1
  • 2019-01-25 Read second time and engrossed reading-2
  • 2019-01-28 Read third time and passed House BLOCK VOTE (99-Y 0-N) passage, reading-3
  • 2019-01-29 Constitutional reading dispensed
  • 2019-01-29 Referred to Committee on Commerce and Labor referral-committee
  • 2019-02-14 Read third time reading-3
  • 2019-02-19 Enrolled
  • 2019-02-19 Signed by Speaker
  • 2019-02-20 Signed by President
  • 2019-02-21 Enrolled Bill communicated to Governor on February 21, 2019
  • 2019-02-21 Governor's Action Deadline Midnight, March 26, 2019
  • 2019-03-08 Approved by Governor-Chapter 253 (effective 7/1/19) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/7b04a62f-d5f7-4ce9-b5a7-2da266564076. Confidence: reported (aggregated from official Virginia legislature records).