Virginia bills · 2026 Regular Session
Virginia SB 734
Financial institutions; officers and directors.
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- T. Travis Hackworth (Republican)
Summary
Official abstract published by the Virginia legislature· SUMMARY AS PASSED
Financial institutions; officers and directors. Provides that the State Corporation Commission may permit, upon petition, an individual to serve as an officer or on the boards of directors of more than one financial institution if the Commission finds that the financial institutions are not in competition with each other or that one or both of the institutions might otherwise be denied capable management or direction from an individual residing in or employed in the locality served by an institution.
Text versions
Roll-call votes
State vote data last updated Oct 15, 2026, 4:19 PM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Mar 10, 2026 House | H VOTE: | pass | Set your home in Virginia to see |
| Mar 5, 2026 House | Reported from Labor and Commerce | pass | Set your home in Virginia to see |
| Mar 3, 2026 House | Subcommittee recommends reporting | pass | Set your home in Virginia to see |
| Jan 30, 2026 Senate | Passage R | pass | Set your home in Virginia to see |
| Jan 28, 2026 Senate | Constitutional reading dispensed R | pass | Set your home in Virginia to see |
| Jan 26, 2026 Senate | Reported from Commerce and Labor | pass | Set your home in Virginia to see |
Actions
- Apr 13, 2026
Approved by Governor-Chapter 903 (effective 7/1/2026) - Apr 6, 2026 · Senate
Fiscal Impact Statement from State Corporation Commission (SB734) - Mar 31, 2026
Governor's Action Deadline 11:59 p.m., April 13, 2026 - Mar 31, 2026 · Senate
Enrolled Bill communicated to Governor on March 31, 2026 - Mar 31, 2026 · House
Signed by Speaker - Mar 30, 2026 · Senate
Signed by President - Mar 30, 2026 · Senate
Bill text as passed Senate and House (SB734ER) - Mar 30, 2026 · Senate
Enrolled - Mar 10, 2026 · House
Passed House (99-Y 0-N 0-A) - Mar 10, 2026 · House
Read third time - Mar 9, 2026 · House
Read second time - Mar 5, 2026 · House
Reported from Labor and Commerce (21-Y 0-N) - Mar 3, 2026 · House
Subcommittee recommends reporting (9-Y 0-N) - Feb 25, 2026 · House
Assigned HCL sub: Subcommittee #1 - Feb 4, 2026 · House
Referred to Committee on Labor and Commerce - Feb 4, 2026 · House
Read first time - Feb 4, 2026 · House
Placed on Calendar - Jan 30, 2026 · Senate
Read third time and passed Senate (38-Y 0-N 0-A) - Jan 29, 2026 · Senate
Engrossed by Senate (Voice Vote) - Jan 29, 2026 · Senate
Read second time - Jan 28, 2026 · Senate
Passed by for the day - Jan 28, 2026 · Senate
Passed by for the day Block Vote (Voice Vote) - Jan 28, 2026 · Senate
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) - Jan 28, 2026 · Senate
Rules suspended - Jan 26, 2026 · Senate
Reported from Commerce and Labor (15-Y 0-N) - Jan 25, 2026 · Senate
Fiscal Impact Statement from State Corporation Commission (SB734) - Jan 16, 2026 · Senate
Referred to Committee on Commerce and Labor - Jan 16, 2026 · Senate
Presented and ordered printed 26104585D