HB 813 Virginia House of Delegates · 2020 Regular Session

Credit unions; board of directors compensation.

Summary
Credit unions; director compensation. Provides that compensation of members of a credit union's board of directors and members of the credit and supervisory committees shall be determined by a written policy approved by the board of directors, provided that annual compensation for an individual member does not exceed $6,000. The measure removes the existing prohibition on compensating members of a credit union's board of directors for services as a member of the board. This bill is identical to SB 296.
Bill status signed all 5 stages cleared
Introduction
Jan 2020
Committee Review
Feb 2020
House of Delegates Passage
Jan 2020
Senate Passage
Feb 2020
Signed into Law
Mar 2020
Introduced Jan 7, 2020 Signed Mar 10, 2020
Floor votes · Senate Feb 20, 2020 · House of Delegates Jan 29, 2020

How they voted

40–0
Passed
Total votes 40
Feb 20, 2020
D Democratic21
21 Yea
100% Yea
R Republican19
19 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
26
Key actions
8
Committee
7
Mar 10, 2020
Signed into law
Approved by Governor-Chapter 262 (effective 7/1/20)
executive
Feb 20, 2020
Upper · Passed
Passed Senate (40-Y 0-N)
upper
Feb 17, 2020
Upper · Passed
Reported from Commerce and Labor (14-Y 0-N)
upper
Jan 30, 2020
Committee
Referred to Committee on Commerce and Labor
upper
Jan 29, 2020
Lower · Passed
Read third time and passed House BLOCK VOTE (98-Y 0-N)
lower
Jan 28, 2020
Lower · Passed
Engrossed by House - committee substitute HB813H1
lower
Jan 28, 2020
Lower · Passed
Committee substitute agreed to 20106517D-H1
lower
Jan 23, 2020
Lower · Passed
Reported from Labor and Commerce with substitute (17-Y 0-N)
lower
Jan 23, 2020
Lower · Passed
House committee, floor amendments and substitutes offered
lower
Jan 7, 2020
Committee
Referred to Committee on Labor and Commerce
lower
Jan 7, 2020
Introduced
Prefiled and ordered printed; offered 01/08/20 20103003D
lower
1 primary · 1 co-sponsor

Sponsors