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Cumulative Index - Last updated 06/16/10
2010 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 2011 Session


Bad checks; any person making, drawing, uttering, or delivering in payment of rent is guilty of a Class 1 misdemeanor. Amending 18.2-181. (Patron-Nutter, HB 989 (F))
Bad checks; recovery if stop-payment order placed in bad faith. Amending  15.2-106. (Patron-Ware, O., HB 367 (Chapter 708))
Banking institutions; criminal punishment for false statements regarding financial condition. Repealing  6.1-119, 6.1-194.94, and 6.1-225.64. (Patron-Janis, HB 235 (F))
Banks; joint subcommittee to study whether to establish those to be operated by State. (Patron-Marshall, R.G., HJR 62 (F))
Check cashers; customer identification required, penalty. Amending  6.1-441; adding  6.1-439.1. (Patron-Ingram, HB 958 (C))
Credit line deeds of trust; put under same 20-year statute of limitations as other deeds of trust and mortgages. Amending 8.01-242. (Patron-Lewis, HB 379 (F))
Credit unions; conversion to a state mutual savings institution. Adding  6.1-225.30:1. (Patron-Sickles, HB 482 (Chapter 230); Saslaw, SB 440 (Chapter 372))
Deposits; removes stated maturity date. Amending  8.3A-118.1. (Patron-Janis, HB 386 (Chapter 747))
Exchange Facilitators Act; established. Adding  55-525.1 through 55-525.7. (Patron-Oder, HB 417 (Chapter 409))
Financial institutions; method of obtaining records concerning banking and credit cards. Amending  19.2-10.1. (Patron-Landes, HB 946 (Chapter 702))
Financial institutions; serving notice of lien. Amending 8.01-502.1 and 8.01-512.4. (Patron-Quayle, SB 445 (Chapter 673))
Financial institutions and services; revising and recodifying laws. Amending  8.4-105, 19.2-10.1, 36-55.33:1, 36-96.20, 57-60, and 59.1-207.19; adding  6.2-100 through 6.2-513, 6.2-600 through 6.2-1380, 6.2-1400 through 6.2-2111, 6.2-2200 through 6.2-2405, 17.1-626.1, 26-7.5, 55-525.1 through 55-525.8, and 55-525.9 through 55-525.25; repealing  6.1-1 through 6.1-479, 11-30 through 11-34, and 59.1-21.19 through 59.1-21.28. (Patron-McDougle, SB 295 (Chapter 794))
Freedom of Information Act; exemption for credit card and bank account data. Amending  2.2-3705.1. (Patron-Griffith, HB 434 (Chapter 553))
Governor’s Development Opportunity Fund; transfer funds to a qualified community development financial institution for making commercial loans and investments to start or expand small businesses. Amending  2.2-115. (Patron-Marshall, R.G., HB 1317 (F))
Inflationary effects; increasing various costs, fees, penalties, etc. Amending  6.1-118.1, 8.01-66, 8.01-66.2, 8.01-416, 8.01-504, 8.01-682, 15.2-1716, 16.1-105, 17.1-605, 19.2-69, 21-186, 38.2-807, 43-3, 43-24, and 46.2-364. (Patron-Edwards, SB 154 (Chapter 343))
Landlord and tenant laws; clarifies judgement rate of interest, landlord and tenant obligations. Amending  6.1-330.54, 8.01-128, 34-5, 55-226.2, 55-246.1, 55-248.4, 55-248.7:2, 55-248.9:1, 55-248.15:1, 55-248.15:2, and 55-248.38:3; adding 16.1-79.1. (Patron-Oder, HB 407 (Chapter 550))
Lending activities; locality to adopt an ordinance requiring a special exception or special use permit be obtained before a payday lender makes a payday loan. Amending  6.1-330.78; adding  6.1-451.1. (Patron-Oder, HB 413 (F))
Mortgage Lender and Broker Act; definition of principal. Amending 6.1-409. (Patron-McDougle, SB 294 (Chapter 665))
Motor vehicle equity loans; establishes requirements, penalties. Amending  6.1-249, 6.1-330.55, 6.1-330.78, and 59.1-200; adding  6.1-480 through 6.1-507. (Patron-Oder, HB 414 (F); Herring, SB 424 (F))
Motor vehicle title loans; establishes requirements, penalties. Amending  6.1-249, 6.1-330.55, 6.1-330.78, and 59.1-200; adding  6.1-480 through 6.1-507. (Patron-Saslaw, SB 606 (Chapter 477))
Nationwide Mortgage Licensing System and Registry; certain mortgage lenders and mortgage brokers required to register. Amending 6.1-409, 6.1-410, and 6.1-431.13. (Patron-Marshall, D.W., HB 547 (Chapter 831))
Nationwide Mortgage Licensing System and Registry; certain mortgage lenders and mortgage brokers required to register. Amending 6.1-409 and 6.1-410. (Patron-Watkins, SB 240 (Chapter 146))
Open-end credit plan loans; established, penalties. Amending 6.1-249, 6.1-330.55, 6.1-330.78, and 59.1-200; adding  6.1-480 through 6.1-507. (Patron-Reynolds, SB 250 (C))
Open-end credit plan loans; prohibits person extending credit from charging interest at rate that exceeds 36 percent per year. Amending  6.1-330.78. (Patron-Herring, SB 425 (F))
Open-end lending; provides extensions of credit secured by motor vehicle titles, caps interest at 36 percent. Amending 6.1-249, 6.1-272.1, 6.1-278, 6.1-285, and 6.1-330.78. (Patron-Morrissey, HB 187 (F))
Open-end loan plans; caps finance charges and fees that may be charged on extension of credit. Amending  6.1-330.78. (Patron-Edwards, SB 167 (F))
Open-end loan plans; caps finance charges and fees that may be charged on extension of credit for car title loans. Amending 6.1-330.78. (Patron-Locke, SB 20 (F))
Open-end loans; secured by a nonpurchase money lien on a motor vehicle, report. Amending  6.1-330.78. (Patron-Sickles, HB 1093 (F))
Payday and open-end credit lenders; local regulation and limits number thereof. Adding  6.1-330.78:2 and 6.1-470.1. (Patron-Oder, HB 412 (F))
Payday loans; limiting interest to a maximum annual rate of 36 percent. Amending  6.1-459, 6.1-460, and 6.1-461. (Patron-Morrissey, HB 188 (F); Locke, SB 21 (F))
Payday loans; permitted interest. Amending  6.1-459, 6.1-460, and 6.1-461. (Patron-Miller, J.C., SB 138 (I) See SB250)
Small Estate Act; revises by repealing related provisions in Code. Amending  6.1-125.10, 6.1-125.11, 6.1-225.50, 51.1-511, and 64.1-132.1 through 64.1-132.4; adding  64.1-132.5 and 64.1-132.6; repealing  6.1-71, 6.1-194.58, 6.1-225.49, 51.1-164, 64.1-123, 64.1-123.1, and 64.1-123.3 through 64.1-125. (Patron-Watts, HB 346 (Chapter 269))
Title loans; establishes a system for regulating. Amending 6.1-249, 6.1-330.55, and 6.1-330.78; adding  6.1-480 through 6.1-508. (Patron-Miller, J.H., HB 1363 (F); Puckett, SB 375 (I) See SB606)
Uniform Power of Attorney Act; established within Code of Virginia. Amending  6.1-125.15:1, 37.2-1009, 37.2-1020, 37.2-1023, 55-34.7, 55-544.01, 55-544.02, and 55-546.02; adding  26-71.01 through 26-74.03; repealing  11-9.1 through 11-9.7 and 37.2-1018. (Patron-Peace, HB 719 (Chapter 632); Edwards, SB 159 (Chapter 455); Blevins, SB 204 (I) See SB159)
2010 Session Cumulative Index of Bills, Joint Resolutions, and Resolutions - 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 06/16/10