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Glossary of Legislative Terms

CS/SB 542: Executive Officers and Boards of Directors of Financial Institutions

GENERAL BILL by Commerce and Tourism ; Ingoglia

Executive Officers and Boards of Directors of Financial Institutions; Disqualifying certain persons from serving as executive officers or directors of a state financial institution under certain circumstances; prohibiting disqualified executive officers and directors from selecting or appointing certain persons in specified circumstances, etc.

Effective Date: Upon becoming a law
 Last Action: 3/8/2024 Senate - Died in Rules
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Rules (RC)

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  • Bill History

    Date Chamber Action
    11/20/2023 Senate • Filed
    12/5/2023 Senate • Referred to Banking and Insurance; Commerce and Tourism; Rules
    1/4/2024 Senate • On Committee agenda-- Banking and Insurance, 01/09/24, 4:30 pm, 412 Knott Building
    1/9/2024 Senate • Introduced
    • Favorable by Banking and Insurance; YEAS 8 NAYS 1
    1/10/2024 Senate • Now in Commerce and Tourism
    1/18/2024 Senate • On Committee agenda-- Commerce and Tourism, 01/23/24, 1:00 pm, 110 Senate Building
    1/23/2024 Senate • CS by Commerce and Tourism; YEAS 6 NAYS 0
    1/24/2024 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • CS by Commerce and Tourism read 1st time
    1/25/2024 Senate • Now in Rules
    3/8/2024 Senate • Died in Rules

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  • CS/SB 542, Committee Substitute 1 (Current Bill Version) Posted 1/24/2024 at 12:15 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 543 Boards of Directors of Banks Black Compare Last Action: 3/8/2024 H Died in State Administration & Technology Appropriations Subcommittee Track This Bill

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    655.038 Page 1 (pdf)

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  • SB 542, Original Filed Version Posted 11/20/2023 at 1:38 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 1/8/2024 (pdf)
    Banking and Insurance (Post-Meeting) 1/10/2024 (pdf)
    Commerce and Tourism (Pre-Meeting) 1/22/2024 (pdf)
    Commerce and Tourism (Post-Meeting) 1/24/2024 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 543 Boards of Directors of Banks Black Identical Last Action: 3/8/2024 H Died in State Administration & Technology Appropriations Subcommittee Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    191300 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Commerce and Tourism
    (Ingoglia)     		1/22/2024
    2:15 PM
    (Late Filed)     		Replaced by Committee Substitute
    1/23/2024     		Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    1/9/2024 4:30 PM Banking and Insurance 8 Yeas - 1 Nays
    1/23/2024 1:00 PM Commerce and Tourism 6 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    658.33 Directors, number, qualifications; officers. Page 1 (pdf)

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