Virginia 2020 Regular Session Status: In Committee

HB 354 — Financial institutions; liability when instructions of attorney-in-fact disregarded.

Last action — Stricken from docket by Labor and Commerce (18-Y 0-N)

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House of Delegates
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Financial institutions; liability when instructionsof attorney-in-fact disregarded. Provides that neither an individualnor his attorney-in-fact is liable to repay a loan made by a financialinstitution to the individual when the individual's attorney-in-facthas requested or instructed the financial institution not to lendfunds to the individual and the financial institution loans moneyto the individual in disregard of the request or instruction.

Bill Text

  • Impact statement from SCC (HB354) View text Current html January 01, 2020

Action History

  1. Stricken from docket by Labor and Commerce (18-Y 0-N)

  2. House committee, floor amendments and substitutes offered

  3. Impact statement from SCC (HB354)

  4. Referred to Committee on Labor and Commerce

  5. Prefiled and ordered printed; offered 01/08/20 20103766D

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 147 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (147)

147 members have not signed on to this bill.

Show all 147 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Stricken from docket by Labor and Commerce (18-Y 0-N)

Passed 18 Yea · 0 Nay · 4 Other
Party YeaNayPresentNot Voting
Unaffiliated 18004
Total 18004
% of votes cast 82%0%0%18%
How each member voted (22)
Member Party Vote
Lindsey, Joseph C. — Not Voting
Alfonso H. Lopez — Yea
Ayala, Hala S. — Yea
Bourne, Jeffrey M. — Not Voting
Byron, Kathy J. — Yea
Christopher T. Head — Yea
Gooditis, Wendy W. — Yea
Guzman, Elizabeth R. — Yea
Heretick, Steve E. — Yea
Israel D. O'Quinn — Yea
Jeion A. Ward — Yea
Keam, Mark L. — Yea
Kory, Kaye — Yea
Lamont Bagby — Yea
Marshall, Daniel W., III — Yea
Michael J. Webert — Not Voting
Mullin, Michael P. — Yea
R. Lee Ware — Yea
Ransone, Margaret B. — Not Voting
Richard C. "Rip" Sullivan, Jr. — Yea
Terry G. Kilgore — Yea
Tony O. Wilt — Yea

Official roll call →

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 354 do?
Financial institutions; liability when instructionsof attorney-in-fact disregarded. Provides that neither an individualnor his attorney-in-fact is liable to repay a loan made by a financialinstitution to the individual when the individual's attorney-in-facthas requested or instructed the financial institution not to lendfunds to the individual and the financial institution loans moneyto the individual in disregard of the request or instruction.
Who sponsors HB 354?
HB 354 is sponsored by Will Davis.
What is the current status of HB 354?
This bill died with 2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 354?
Track HB 354 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on HB 354

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of HB 354

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →