Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
4.7 KiB
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 | |||||
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| Bill | Financial institutions; officers and directors. | Financial institutions; officers and directors. Provides that the State Corporation Commission may permit, upon petition, an individual to serve as an officer or on the boards of directors of more than one financial institution if the Commission finds that the financial institutions are not in competition with each other or that one or both of the institutions might otherwise be denied capable management or direction from an individual residing in or employed in the locality served by an institution. | us/states/va | Virginia General Assembly | 2026 | SB 734 | Virginia SB 734 (2026) |
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enacted |
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2 | 28 | 6 | 2026-01-16 | 2026-04-13 | openstates | ocd-bill/4f704065-a1be-48f7-9006-751b2a9949d5 | https://lis.virginia.gov/bill-details/20261/SB734 | 10f4382988052dc181aa2419a3ececd2eeac7c8f390d093e37690b9b8fff395b | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Virginia SB 734 (2026) — Financial institutions; officers and directors.
Financial institutions; officers and directors. Provides that the State Corporation Commission may permit, upon petition, an individual to serve as an officer or on the boards of directors of more than one financial institution if the Commission finds that the financial institutions are not in competition with each other or that one or both of the institutions might otherwise be denied capable management or direction from an individual residing in or employed in the locality served by an institution.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- H VOTE: — 99–0 (pass) · lower
- Passage R — 38–0 (pass) · upper
- Constitutional reading dispensed R — 40–0 (pass) · upper
- Reported from Labor and Commerce — 21–0 (pass) · lower
- Reported from Commerce and Labor — 15–0 (pass) · upper
- Subcommittee recommends reporting — 9–0 (pass) · lower
Sponsors
- T. Travis Hackworth — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2026-01-16 Presented and ordered printed 26104585D
introduction - 2026-01-16 Referred to Committee on Commerce and Labor
referral-committee - 2026-01-25 Fiscal Impact Statement from State Corporation Commission (SB734)
- 2026-01-26 Reported from Commerce and Labor (15-Y 0-N)
committee-passage - 2026-01-28 Rules suspended
- 2026-01-28 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
- 2026-01-28 Passed by for the day Block Vote (Voice Vote)
- 2026-01-28 Passed by for the day
- 2026-01-29 Read second time
reading-2 - 2026-01-29 Engrossed by Senate (Voice Vote)
- 2026-01-30 Read third time and passed Senate (38-Y 0-N 0-A)
passage, reading-3 - 2026-02-04 Placed on Calendar
- 2026-02-04 Read first time
reading-1 - 2026-02-04 Referred to Committee on Labor and Commerce
referral-committee - 2026-02-25 Assigned HCL sub: Subcommittee #1
referral-committee - 2026-03-03 Subcommittee recommends reporting (9-Y 0-N)
- 2026-03-05 Reported from Labor and Commerce (21-Y 0-N)
committee-passage - 2026-03-09 Read second time
reading-2 - 2026-03-10 Read third time
reading-3 - 2026-03-10 Passed House (99-Y 0-N 0-A)
passage - 2026-03-30 Enrolled
enrolled - 2026-03-30 Bill text as passed Senate and House (SB734ER)
passage - 2026-03-30 Signed by President
passage - 2026-03-31 Signed by Speaker
passage - 2026-03-31 Enrolled Bill communicated to Governor on March 31, 2026
enrolled, executive-receipt - 2026-03-31 Governor's Action Deadline 11:59 p.m., April 13, 2026
executive-receipt - 2026-04-06 Fiscal Impact Statement from State Corporation Commission (SB734)
- 2026-04-13 Approved by Governor-Chapter 903 (effective 7/1/2026)
executive-signature
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/4f704065-a1be-48f7-9006-751b2a9949d5. Confidence: reported (aggregated from official Virginia legislature records).