01RS SB22

Archived Content

This page is part of the Legislative Record archive. It is preserved as originally published for reference, research, and recordkeeping, and it is no longer maintained or updated. Some links may no longer work.

SB22

WWW Version


SB 22 (BR 215) - T. Buford

     AN ACT relating to banks.
     Amend KRS 287.180 to permit a bank to establish a branch within any state, the District of Columbia, or a territory of the United States.

SB 22 - AMENDMENTS


     SCS - Retain the original provisions; amend KRS 287.900 to delete restriction on acquisition of greater than fifty percent of the voting securities of a bank if the bank was chartered after July 13, 1984 and was in existence less than five years at the time of acquisition.
     SFA (1, T. Buford) - Retain provisions of original; require the State Treasurer to accept letters of credit issued by federal home loan banks as collateral.
     HFA (1, J. Stacy) - Prohibit a bank located in a county of 29,000 or fewer persons from opening a branch in another county; prohibit banks from establishing a branch in a county of 29,000 or fewer persons.
     HFA (2, J. Stacy) - Amend KRS 287.102 to provide that banking activity does not include branch banking or the establishment of branch banks.

     Jan 2-introduced in Senate
     Jan 5-to Banking and Insurance (S)
     Feb 15-reported favorably, 1st reading, to Consent Calendar with Committee Substitute
     Feb 16-2nd reading, to Rules
     Feb 19-posted for passage in the Consent Orders of the Day for Tuesday, February 20, 2001; taken from the Consent Orders of the Day, placed in the Regular Orders of the Day; floor amendment (1) filed to Committee Substitute
     Feb 20-3rd reading, passed 37-0 with Committee Substitute, floor amendment (1)
     Feb 21-received in House
     Feb 22-to Banking and Insurance (H)
     Feb 23-posted in committee
     Feb 28-reported favorably, 1st reading, to Calendar
     Mar 1-2nd reading, to Rules
     Mar 5-posted for passage in the Regular Orders of the Day for Tuesday, March 6, 2001
     Mar 6-floor amendments (1) and (2) filed
     Mar 7-3rd reading, passed 95-4; received in Senate
     Mar 8-enrolled, signed by each presiding officer, delivered to Governor
     Mar 15-signed by Governor (Acts ch. 112)


Kentucky Legislature Home Page | Record Front Page