2024 Regular Session • West Virginia Legislature
HB4780: Reorganizing the Board of Banking and Financial Institutions, the Division of Financial Institutions, and the Lending and Credit Rate Board
Legislative Summary
The purpose of this bill is to reorganize the Board of Banking and Financial Institutions, the Division of Financial Institutions, and the Lending and Credit Rate Board as independent divisions within the executive branch subject to control and oversight by the Board to address the Division's extreme difficulty hiring and retaining bank examiners.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
1/16/2024
Filed for introduction
House of Delegates
1/16/2024
To Banking and Insurance then Government Organization
House of Delegates
1/16/2024
Introduced in House
House of Delegates
1/16/2024
To House Banking and Insurance
House of Delegates
Status Information
Current Status
Introduced(1/16/2024)
Chamber
House of Delegates
Committee
Banking & Insurance(House of Delegates)
Sine Die
Sponsors
Republican: 4
Primary Sponsor
Vernon Criss
Republican