summary
Introduced
02/28/2024
02/28/2024
In Committee
05/02/2024
05/02/2024
Crossed Over
05/23/2024
05/23/2024
Passed
05/23/2024
05/23/2024
Dead
Signed/Enacted/Adopted
06/06/2024
06/06/2024
Introduced Session
2024 Regular Session
Bill Summary
CONCERNING THE CONTINUATION OF FUNCTIONS RELATED TO BANKING, AND, IN CONNECTION THEREWITH, IMPLEMENTING THE RECOMMENDATIONS IN THE 2023 SUNSET REPORT FROM THE DEPARTMENT OF REGULATORY AGENCIES FOR THE DIVISION OF BANKING AND THE BANKING BOARD.
AI Summary
This bill extends the repeal date for the Division of Banking and the Banking Board from September 1, 2024 to September 1, 2033. It also makes various changes to the operations and oversight of state banks and trust companies, including increasing the penalties for certain violations, requiring reporting of changes in executive officers and directors, and providing immunity from civil liability for compliance with certain reporting requirements. The bill also grants additional regulatory authority to the Banking Board and Commissioner of Banking.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (28)
Judy Amabile (D)*,
Chad Clifford (D)*,
Regina English (D)*,
Sheila Lieder (D)*,
William Lindstedt (D)*,
Paul Lundeen (R)*,
Kevin Priola (D)*,
Jennifer Bacon (D),
Shannon Bird (D),
Andrew Boesenecker (D),
Lindsey Daugherty (D),
Monica Duran (D),
Iman Jodeh (D),
Junie Joseph (D),
Cathy Kipp (D),
Mandy Lindsay (D),
Larry Liston (R),
Javier Mabrey (D),
Tisha Mauro (D),
Julie McCluskie (D),
Karen McCormick (D),
Dafna Michaelson Jenet (D),
Naquetta Ricks (D),
Manny Rutinel (D),
Marc Snyder (D),
Brianna Titone (D),
Alex Valdez (D),
Stephanie Vigil (D),
Last Action
Governor Signed (on 06/06/2024)
Taxonomy
Banking, Finance, and Domestic Commerce
- ‐ Banking System and Financial Institution Regulation and Reform
Government Operations
- ‐ Government Efficiency and Bureaucratic Oversight
Official Document
bill text
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bill summary
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bill summary
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