HB 631 (BR 2275) - J. Bruce, T. Edmonds, R. Adams, J. Barrows, S. Brinkman, J. Carr, H. Collins, J. Comer Jr, H. Cornett, C. Embry Jr, B. Farmer, J. Fischer, D. Ford, J. Gray, W. Hall, J. Higdon, D. Keene, C. Meade, C. Miller, R. Mobley, R. Nelson, S. Nunn, D. Pasley, T. Pullin, M. Rader, R. Rand, F. Rasche, A. Smith, B. Smith, T. Thompson, K. Upchurch, M. Weaver, S. Westrom, A. Wuchner, B. Yonts
AN ACT relating to industrial loan corporations.
Create a new section of KRS 291.410 to 291.600 pertaining to industrial loan corporations; prohibit a person from directly or indirectly acquiring control of an industrial loan corporation unless the person is engaged in activities permitted for financial holding companies as provided in 12 U.S.C. sect 1843(k)(l); define "control."
Feb 21-introduced in House
Feb 22-to Banking and Insurance (H)
Feb 23-posted in committee
Mar 1-reported favorably, 1st reading, to Calendar
Mar 2-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Friday, March 3, 2006
Mar 3-3rd reading, passed 91-0
Mar 6-received in Senate
Mar 8-to Banking and Insurance (S)
Mar 10-reported favorably, 1st reading, to Calendar
Mar 13-2nd reading, to Rules
Mar 21-recommitted to Banking and Insurance (S)