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CS/HB 707: International Banking Corporations

GENERAL BILL by General Government Policy Council ; Grady ; (CO-INTRODUCERS) Ambler ; Zapata

International Banking Corporations; Expands application of state banking laws to include specified international banking corporations & trust companies; revises requirements for carrying on banking business to apply to specified additional financial institutions; revises requirements for licensing international banking corporations; includes requirements applicable to specified trust representative offices; increases specified net capital account requirements, etc.

Effective Date: 07/01/2010
Last Action: 3/23/2010 House - Placed on Special Order Calendar; Substituted SB 1264; Laid on Table, companion bill(s) passed, see SB 1264 (Ch. 2010-9) -HJ 00367
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/19/2010 House • Filed
1/28/2010 House • Referred to Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; General Government Policy Council
3/1/2010 House • On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 03/03/10, 2:00 pm, Webster Hall
3/2/2010 House • Introduced, referred to Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; General Government Policy Council -HJ 00065; On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 03/03/10, 2:00 pm, Webster Hall
3/3/2010 House • Favorable by Insurance, Business, & Financial Affairs Policy (GGPC); YEAS 12 NAYS 0 -HJ 00218
3/4/2010 House • Now in Policy Council -HJ 00218
3/5/2010 House • On Council agenda-- Policy Council, 03/09/10, 2:00 pm, Morris Hall
3/9/2010 House • Favorable by Policy Council; YEAS 16 NAYS 0 -HJ 00260
3/10/2010 House • Now in General Government Policy Council -HJ 00260
3/15/2010 House • On Council agenda-- General Government Policy Council, 03/17/10, 1:00 pm, Morris Hall
3/17/2010 House • CS by- General Government Policy Council; YEAS 15 NAYS 0 -HJ 00342
3/18/2010 House • CS read 1st time on 03/18/10 -HJ 00336; Pending review of CS -under Rule 7.20; Placed on Calendar -HJ 00340
3/23/2010 House • Placed on Special Order Calendar; Substituted SB 1264; Laid on Table, companion bill(s) passed, see SB 1264 (Ch. 2010-9) -HJ 00367