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House of Delegates Bills 2016

House Bills

Bills of interest to credit unions introduced in the House of Delegates during the 2016 General Assembly session. Your League is tracking each of these bills for its impact on credit unions.

Click the bill number to view its details on the General Assembly's Legislative Information Service, including status and full list of patrons.

Bills Committee Last action Date
HB 103 - Rasoul - Consumer finance loans; caps maximum rate of interest. (notes!) (H) Committee on Commerce and Labor (H) Subcommittee recommends laying on the table (5-Y 2-N) 02/04/16
HB 123 - Marshall, D.W. - Real estate loans; disclosure of terms of mortgage application. (H) Committee on Commerce and Labor
(S) Committee on Commerce and Labor
(S) Referred to Committee on Commerce and Labor 01/27/16
HB 124 - Marshall, D.W. - Mortgage lenders and mortgage brokers; licenses, reports. (H) Committee on Commerce and Labor
(S) Committee on Commerce and Labor
(S) Referred to Committee on Commerce and Labor 01/27/16
HB 125 - Marshall, D.W. - Mortgage loan originators; inactive licenses. (H) Committee on Commerce and Labor
(S) Committee on Commerce and Labor
(S) Referred to Committee on Commerce and Labor 01/27/16
HB 162 - Kory - Incapacitated persons; expands class of victims of crime of financial exploitation. (notes!) (H) Committee for Courts of Justice (H) Referred to Committee for Courts of Justice 12/22/15
HB 248 - Minchew - Financial exploitation of adults; documentation referred to State Police. (notes!) (H) Committee on Appropriations (H) Subcommittee recommends reporting (6-Y 0-N) 02/04/16
HB 250 - Minchew - Consumer loans; interest rate limits and lending practices. (notes!) (H) Committee on Commerce and Labor (H) Subcommittee recommends laying on the table (7-Y 0-N) 02/04/16
HB 291 - Herring - Financial exploitation of adults. (notes!) (H) Committee on Health, Welfare and Institutions (H) Subcommittee recommends laying on the table 01/26/16
HB 346 - Farrell - Consumer finance companies; motor vehicle title loans, prohibited practices. (notes!) (H) Committee on Commerce and Labor (H) Continued to 2017 in Commerce and Labor 02/04/16
HB 400 - Simon - Virginia Student Loan Refinancing Authority established. (H) Committee on Commerce and Labor (H) Continued to 2017 in Commerce and Labor 02/02/16
HB 401 - Simon - Student loan servicers; student loan ombudsman. (notes!) (H) Committee on Commerce and Labor (H) Continued to 2017 in Commerce and Labor 02/02/16
HB 513 - Murphy - Financial exploitation of adults; documentation referred to State Police, etc. (notes!) (H) Committee on Health, Welfare and Institutions (H) Subcommittee recommends laying on the table 01/26/16
HB 612 - Bell, Robert B. - Diminished financial capacity; execution of revocable letter. (notes!) (H) Committee on Health, Welfare and Institutions (H) Subcommittee recommends laying on the table 01/26/16
HB 620 - Krizek - Elderly or disabled adults; financial exploitation. (notes!) (H) Committee on Health, Welfare and Institutions (H) Subcommittee recommends laying on the table 01/26/16
HB 676 - Peace - Financial exploitation of adults; DARS work group to study. (notes!) (H) Committee on Health, Welfare and Institutions
(S) Committee on Rehabilitation and Social Services
(S) Referred to Committee on Rehabilitation and Social Services 02/03/16
HB 871 - Habeeb - Virginia Security for Public Deposits Act; adds credit unions as a qualified public depository. (H) Committee on Commerce and Labor (H) Referred to Committee on Commerce and Labor 01/12/16
HB 874 - Habeeb - Credit unions; field of membership. (H) Committee on Commerce and Labor (H) Referred to Committee on Commerce and Labor 01/12/16
HB 974 - Yancey - Open-end credit; allows only a seller of goods to extend credit under agreement. (notes!) (H) Committee on Commerce and Labor (H) Subcommittee recommends laying on the table (7-Y 0-N) 02/04/16
HB 1075 - Yancey - Consumer finance loans; rate of interest. (H) Committee on Commerce and Labor (H) Subcommittee recommends laying on the table (5-Y 2-N) 02/04/16
HB 1224 - Ware - Bank franchise tax; sets a cap of $18 million on total annual tax liability per taxpayer. (notes!) (H) Committee on Finance (H) VOTE: PASSAGE (95-Y 3-N) 02/04/16
HB 1324 - Bagby - Loans; maximum amount of interest and fees permitted. (notes!) (H) Committee on Commerce and Labor (H) Subcommittee recommends laying on the table (7-Y 0-N) 02/04/16
HJ 12 - Tyler - Commending Bronco Federal Credit Union.   (S) Agreed to by Senate by voice vote 01/21/16