BILL · 2007–08 SESSION · LATEST VERSION SSB 6029

SB 6029: Interstate branching

Regulating interstate branching.

Summary

  • The definitions of a branch bank and branch savings bank are clarified in relationship to affiliates of the bank or savings bank. If an out-of-state bank or savings bank seeks to engage in banking in Washington, its affiliate must engage only in financial activities if the proposed branch is located on the affiliate's premises.

From the Senate Bill Report (SB 6029), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedFeb 14, 2007
  2. Out of committeeFeb 28, 2007
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Steve Hobbs (D-44)
Introduced
February 14, 2007 in the Senate
Last action
January 14, 2008
Companion bill
HB 2286
Versions
SB 6029, SSB 6029

AN ACT Relating to interstate branching;

Sponsors

Prime sponsor: Steve Hobbs (D-44)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status. (SSB 6029)
  2. By resolution, reintroduced and retained in present status.
  3. Senate Rules "X" file. (SSB 6029)
  4. Senate Rules "X" file.
  5. Passed to Rules Committee for second reading. (SSB 6029)
  6. FI - Majority; 1st substitute bill be substituted, do pass. (SSB 6029)
  7. FI - Majority; 1st substitute bill be substituted, do pass.
  8. Passed to Rules Committee for second reading.
  9. First reading, referred to Financial Institutions & Insurance.

SB 6029 in other sessions

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

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