98RS HB491

HB491

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HB 491 (BR 1384) - S. Riggs, C. Walton

     AN ACT relating to bank branches.
     Amend KRS 287.180 to permit banks to establish branches in contiguous counties; limit to four the number of contiguous counties in which branches may be established.

HB 491 - AMENDMENTS


     HFA (1, C. Geveden) - Amend to decrease the number of branches from four (4) to two (2); amend to require that a banking establishment must be located in a county that has a city of the first or second class, or a banking establishment must be located in a county that has an urban-county-government, in order for the banking establishment to establish a branch in contiguous counties; and amend to allow reciprocity to a banking establishment located in those contiguous counties.
     HFA (2, C. Geveden) - Amend to decrease the number of branches from four (4) to two (2).
     HFA (3, S. Riggs) - Amend to require that a banking establishment must be located in a county that has a city of the first or second class, or a banking establishment must be located in a county that has an urban-county-government, in order for the banking establishment to establish a branch in contiguous counties; and amend to allow reciprocity to a banking establishment located in those contiguous counties.
     HFA (4, C. Walton) - Amend to require that a banking establishment must be located in a county that has a city of the first, second or third class, or a banking establishment must be located in a county that has an urban-county-government, in order for the banking establishment to establish a branch in contiguous counties; and amend to allow reciprocity to a banking establishment located in those contiguous counties.
     HFA (5, C. Walton) - Amend to require that a banking establishment must be located in a county that has a city of the first, second, or third class, or a banking establishment must be located in a county that has an urban-county-government, in order for the banking establishment to establish a branch in contiguous counties; and amend to allow reciprocity to a banking establishment located in those contiguous counties.

     Feb 3-introduced in House
     Feb 4-to Banking and Insurance (H)
     Feb 9-posted in committee
     Feb 19-reported favorably, 1st reading, to Calendar
     Feb 20-2nd reading, to Rules
     Feb 23-posted for passage in the Regular Orders of the Day for February 24, 1998
     Feb 25-floor amendments (1) and (2) filed
     Feb 27-3rd reading, floor amendment (1) rejected; defeated 48-48
     Mar 2-floor amendments (3) (4) and (5) filed; reconsidered
     Mar 4-floor amendment (5) adopted; floor amendment (5) reconsidered and rejected; passed 52-44
     Mar 5-received in Senate
     Mar 6-to Banking and Insurance (S)


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