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Cumulative Index - Last updated 11/07/06
2006 Session - Frames Version or No Frames Version or PDF (large file, searchable)    
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BANKING AND FINANCE

(P) Passed (F) Failed (V) Vetoed (I) Incoporated into other legislation
(C) Carried over to 2007 Session


Airports Revolving Fund; prepayment of loans from Fund. Amending 5.1-30.2 and 5.1-30.5. (Patron-Williams, SB 195 (F))
Bankers’ banks; authorized to accept deposits from and make loans to certain banks and individuals in connection within same organization. Amending  6.1-6.1. (Patron-Kilgore, HB 360 (Chapter 633))
Banks; allows for deduction of customary fees without first having to submit an invoice. Amending  16.1-69.48. (Patron-Marsh, SB 113 (Chapter 305))
Campaign finance disclosure; increases amount of credit card charge reimbursable from petty cash funds. Amending  24.2-905 and 24.2-908. (Patron-O’Brien, SB 227 (Chapter 799))
Check Clearing for 21st Century Evidence Act; created. Adding 8.01-391.1. (Patron-Hurt, HB 1009 (Chapter 127))
Confidentiality of documents; establishes protections for materials obtained by State Corporation Commission pursuant to an investigation. Adding  6.1-2.27:1. (Patron-Wagner, SB 255 (Chapter 312))
Construction loans by banks; removes an obsolete reference. Amending  6.1-64. (Patron-Dudley, HB 1077 (Chapter 273))
Credit card affinity agreement; annual reporting of revenue from institutions of higher education. Adding  23-2.4. (Patron-Purkey, HB 330 (C))
Credit cards; prohibits issuer from increasing interest rate or imposing fee thereon. Adding  11-33.4. (Patron-Marsh, SB 104 (C))
Credit report security freeze; protection for credit header information. Amending  59.1-200 and 59.1-444; adding 59.1-443.3 and 59.1-443.4. (Patron-Plum, HB 1511 (I) See HB1508)
Credit reports; freezing access thereto, penalty. Amending 59.1-200; adding  59.1-443.3. (Patron-Tata, HB 34 (I) See HB1508)
Credit reports; security breaches. Adding  59.1-443.3 and 59.1-443.4. (Patron-Plum, HB 1508 (C))
Credit union; notification to Commissioner of Financial Institutions of participation. Amending  6.1-225.20. (Patron-Newman, SB 530 (Chapter 754))
Credit unions; charges on loans. Amending  6.1-330.64. (Patron-Newman, SB 529 (Chapter 753))
Credit unions; minors’ accounts. Amending  6.1-225.45. (Patron-Newman, SB 531 (Chapter 755))
Deposit accounts and certificates of deposit; statute of limitations. Amending  8.3A-311; adding  8.3A-118.1. (Patron-Kilgore, HB 193 (Chapter 624))
Employee stock ownership plan; authorizes option plans. Amending 13.1-543, 13.1-544, 13.1-549, 13.1-549.1, 13.1-550, and 54.1-4412. (Patron-Joannou, HB 952 (Chapter 672); Stosch, SB 108 (Chapter 715))
Escrow accounts; prohibits lender making mortgage loan from charging borrower separate fee, etc. Adding  6.1-2.8:1. (Patron-Marshall, R.G., HB 1190 (F))
Identity theft; authorized security freezes by certain consumers who live in nursing facility, etc. Adding  59.1-443.3. (Patron-Quayle, SB 218 (F))
Identity theft; charge of fee for security freezes. Amending 59.1-200; adding  59.1-443.3. (Patron-Sickles, HB 766 (I) See HB1508; Cuccinelli, SB 295 (F))
Identity theft; consumer authorized to freeze access to his credit report. Amending  59.1-200; adding  18.2-186.3:2. (Patron-Bell, SB 266 (F))
Industrial loan companies; certain provisions for those out-of-state. Adding  6.1-232.2 and 6.1-232.3. (Patron-Kilgore, HB 195 (Chapter 815))
Mortgage brokers; dual compensation. Amending  6.1-58.3 and 6.1-409. (Patron-Suit, HB 698 (Chapter 422))
Mortgage loan servicing practices; prohibits certain actions, penalty. Adding  6.1-431.1 through 6.1-431.7. (Patron-Deeds, SB 145 (C))
Mortgage satisfaction; provisions. Amending  55-66.3 and 55-66.5; adding  55-66.8 through 55-66.13. (Patron-Devolites Davis, SB 433 (Chapter 907))
Mortgage satisfaction; provisions. Amending  55-66.3 and 55-66.5; adding  55-66.8 through 55-66.13 and 55-66.15. (Patron-Devolites Davis, SB 447 (F))
Motor vehicle equity loans; penalties. Amending  6.1-249, 6.1-330.55, 6.1-330.78, and 59.1-200; adding  6.1-474 through 6.1-501. (Patron-Bell, SB 598 (C))
Motor Vehicle Equity Loans Act; created. Amending  6.1-249, 6.1-330.55, and 59.1-200; adding  6.1-474 through 6.1-501. (Patron-Kilgore, HB 1514 (C))
Motor vehicle title loans; caps rate of interest that may be charged. Amending  6.1-330.78; adding  6.1-330.77:2. (Patron-Morgan, HB 325 (C))
Payday loans; increases minimum term. Amending  6.1-459. (Patron-Johnson, HB 626 (I) See HB912)
Payday loans; repealing Act referring thereto. Repealing  6.1-444 through 6.1-471. (Patron-O’Bannon, HB 619 (C))
Payday loans; requires State Corporation Commission to contract with third party to establish and administer database with real-time access through an Internet connection. Amending 6.1-444, 6.1-453, 6.1-459, 6.1-467, and 6.1-469. (Patron-Oder, HB 912 (F))
Payday loans; use of Internet database for borrowers, rollovers prohibited by lenders. Amending  6.1-444, 6.1-453, and 6.1-459. (Patron-Jones, D.C., HB 225 (I) See HB912)
Tax refund anticipation loans; requires persons who make or facilitate to display their fees and related information. Amending  59.1-200; adding  6.1-474 through 6.1-479. (Patron-Morgan, HB 324 (Chapter 399))
2006 Cumulative Index of Bills, Joint Resolutions, Resolutions and Documents - For additional information, please contact the House of Delegates Information and Public Relations Office, P. O. Box 406, State Capitol, Richmond, Virginia 23218, telephone (804) 698-1500. Last updated 11/07/06