BILL · 2005–06 SESSION · LATEST VERSION ESHB 2128

HB 2128: Out-of-state banks

Regulating out-of-state banks, savings banks, and mutual savings banks branches.

Summary

  • Allows an out-of-state bank or savings bank to establish branches in Washington on the same or less favorable terms as are imposed on Washington-chartered banks or savings banks seeking to establish branches in the state where the institution is chartered or has its principal place of business.
  • Allows an acquiring depository association to seek to acquire control of a Washington savings bank under the same or less favorable terms as are applied to a Washington mutual savings bank or holding company of a mutual savings bank seeking to acquire control of an entity in the home state of the acquiring depository institution.
  • Defines "acquiring depository institution."

From the Substitute House Bill Report (SHB 2128), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedFeb 18, 2005
  2. Out of committeeMar 2, 2005
  3. Passed HouseMar 10, 2005
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Steve Kirby (D-29)
Introduced
February 18, 2005 in the House
Last action
January 9, 2006
Companion bill
SB 5997
Budget
Has a fiscal note
Versions
HB 2128, ESHB 2128

AN ACT Relating to banks, savings banks, and mutual savings banks branches;

Sponsors

Prime sponsor: Steve Kirby (D-29)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

House · Final Passage

Passed March 10, 2005
Version voted on: ESHB 2128
95 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat53003
Republican42000
How each member voted

Yea (95)

History

  1. House Rules "X" file. (ESHB 2128)
  2. By resolution, reintroduced and retained in present status. (ESHB 2128)
  3. By resolution, returned to House Rules Committee for third reading. (ESHB 2128)
  4. First reading, referred to Financial Institutions, Housing & Consumer Protection. (ESHB 2128)
  5. Third reading, passed; yeas, 95; nays, 0; absent, 0; excused, 3. (ESHB 2128)
  6. Rules suspended. Placed on Third Reading. (ESHB 2128)
  7. Floor amendment(s) adopted. (ESHB 2128)
  8. 1st substitute bill substituted. (ESHB 2128)
  9. 1st substitute bill substituted.
  10. Placed on second reading by Rules Committee. (ESHB 2128)
  11. Placed on second reading by Rules Committee.
  12. Made eligible to be placed on second reading. (ESHB 2128)
  13. Made eligible to be placed on second reading.
  14. Passed to Rules Committee for second reading. (ESHB 2128)
  15. Passed to Rules Committee for second reading.
  16. FII - Majority; 1st substitute bill be substituted, do pass. (ESHB 2128)
  17. FII - Executive action taken by committee.
  18. FII - Majority; 1st substitute bill be substituted, do pass.
  19. First reading, referred to Financial Institutions & Insurance.

HB 2128 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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