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CS/CS/HB 455: Governance of Banks and Trust Companies

GENERAL BILL by Commerce Committee ; Insurance and Banking Subcommittee ; McClain ; (CO-INTRODUCERS) Ponder

Governance of Banks and Trust Companies; Revises requirements relating to financial institution experience of certain proposed directors & officers of proposed banks or trust companies; revises residency requirement of certain directors & financial institution experience of certain officers for banks or trust companies; revises instances during which bank may not own certain stock, obligations, or other securities.

Effective Date: 7/1/2018
Last Action: 2/1/2018 Senate - Received -SJ 264
Bill Text: PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Rules (RC)



Bill History

Date Chamber Action
10/25/2017 House • Filed
11/1/2017 House • Referred to Insurance and Banking Subcommittee; Commerce Committee -HJ 41
11/8/2017 House • On Committee agenda-- Insurance and Banking Subcommittee, 11/15/17, 3:00 pm, Sumner Hall
11/16/2017 House • CS by Insurance and Banking Subcommittee; YEAS 14 NAYS 0 -HJ 255
• Pending review of CS under Rule 7.18(c)
11/17/2017 House • Now in Commerce Committee -HJ 250
1/9/2018 House • Introduced -HJ 41
• On Committee agenda-- Commerce Committee, 01/11/18, 10:30 am, Webster Hall
• CS by Insurance and Banking Subcommittee read 1st time -HJ 248
1/11/2018 House • CS/CS by- Commerce Committee; YEAS 25 NAYS 0 -HJ 320
1/12/2018 House • Pending review of CS -under Rule 7.18(c)
• CS/CS by Commerce Committee read 1st time -HJ 337,338
1/16/2018 House • Placed on Calendar -HJ 345
1/18/2018 House • Placed on Special Order Calendar, 01/24/18
1/24/2018 House • Read 2nd time -HJ 399, 400
• Placed on 3rd reading
1/25/2018 House • Read 3rd time -HJ 421
• CS passed; YEAS 107 NAYS 0 -HJ 421
1/31/2018 Senate • In Messages
2/1/2018 Senate • Referred to Banking and Insurance; Commerce and Tourism; Rules -SJ 264
• Received -SJ 264