SB 777

  • Virginia Senate Bill
  • 2020 Regular Session
  • Introduced in Senate Jan 08, 2020
  • Senate
  • House
  • Governor

Virginia Security for Public Deposits Act; collateral for public deposits.

Abstract

Virginia Security for Public Deposits Act; collateralfor public deposits; timeframe. Requires a qualified public depositoryto deposit eligible collateral with a qualified escrow agent equalto or in excess of the required collateral within two business daysof accepting a public deposit. Current law requires deposits to becollateralized at the time of deposit.

Bill Sponsors (2)

Votes


Actions


Feb 05, 2020

Senate

Continued to 2021 in General Laws and Technology (15-Y 0-N)

Jan 20, 2020

Senate

Rereferred from Commerce and Labor (14-Y 0-N)

Senate

Rereferred to General Laws and Technology

Jan 16, 2020

Senate

Impact statement from DPB (SB777)

Jan 08, 2020

Senate

Prefiled and ordered printed; offered 01/08/20 20102900D

Senate

Referred to Committee on Commerce and Labor

Bill Text

Bill Text Versions Format
Impact statement from DPB (SB777) HTML

Related Documents

Document Format
No related documents.

Sources

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