Virginia 2020 Regular Session Status: In Committee

SB 38 — Open-end credit plans; governing law.

Last action — Incorporated by Commerce and Labor (SB421-Locke) (14-Y 0-N)

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House of Delegates
  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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

Open-end credit plans; governing law. Providesthat an open-end credit plan shall be governed solely by federallaw and the laws of the Commonwealth, regardless of whether the selleror lender has a physical location in the Commonwealth. The measureremoves a provision that allows another jurisdiction's laws to governif expressly agreed to in writing by the parties.

Bill Text

  • Impact statement from SCC (SB38) View text Current html November 18, 2019

Action History

  1. Incorporated by Commerce and Labor (SB421-Locke) (14-Y 0-N)

  2. Impact statement from SCC (SB38)

  3. Referred to Committee on Commerce and Labor

  4. Prefiled and ordered printed; offered 01/08/20 20101106D

Sponsors

Sponsorship breakdown

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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.

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"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

Incorporated by Commerce and Labor (SB421-Locke) (14-Y 0-N)

Passed 14 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 14001
Total 14001
% of votes cast 93%0%0%7%
How each member voted (15)
Member Party Vote
Norment, Thomas K., Jr. — Yea
Saslaw, Richard L. — Yea
Newman, Stephen D. — Yea
Spruill, Lionell, Sr. — Yea
Edwards, John S. — Not Voting
Barker, George L. — Yea
Lewis, Lynwood W., Jr. — Yea
Mason, T. Montgomery "Monty" — Yea
Bell, John J. — Yea
Adam P. Ebbin — Yea
David W. Marsden — Yea
L. Louise Lucas — Yea
Mark D. Obenshain — Yea
R. Creigh Deeds — Yea
Scott A. Surovell — 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 SB 38 do?
Open-end credit plans; governing law. Providesthat an open-end credit plan shall be governed solely by federallaw and the laws of the Commonwealth, regardless of whether the selleror lender has a physical location in the Commonwealth. The measureremoves a provision that allows another jurisdiction's laws to governif expressly agreed to in writing by the parties.
Who sponsors SB 38?
SB 38 is sponsored by Scott A. Surovell.
What is the current status of SB 38?
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 SB 38?
Track SB 38 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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