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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 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)
bill
enacted
T. Travis Hackworth
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
legislation
bill
us-va

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.

  1. Introduced (filed) — source
  2. Enrolled (enrolled) — source

Votes

  • H VOTE: — 990 (pass) · lower
  • Passage R — 380 (pass) · upper
  • Constitutional reading dispensed R — 400 (pass) · upper
  • Reported from Labor and Commerce — 210 (pass) · lower
  • Reported from Commerce and Labor — 150 (pass) · upper
  • Subcommittee recommends reporting — 90 (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).