2015 Bill(s)

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2015 Bill(s)

HCS HB 1098
Sponsor: Crawford, Sandy
Status: VETO OVERRIDDEN
Description: Various changes involving out-of-state banks and trust companies. Let an out-of-state institution avoid a Missouri requirement for the minimum capital required if the company meets the requirements in its own state. In his veto letter, Nixon wrote that provision would cause Missouri financial institutions to face stronger requirements than competing non-Missouri firms operating in Missouri.

See:	House roll call - HCS HB 1098 (04/07/2015): 3rd reading of a bill to ease requirements on out-of-state financial institutions. Senate roll call - HCS HB 1098 (05/04/2015): 3rd reading of a bill to ease requirements on out-of-state financial institutions. House roll call - HCS HB 1098 (05/13/2015): 3rd reading and final passage of a bill to ease requirements on out-of-state financial institutions. House roll call - SCS HB 1098 (09/16/2015): Passage of the motion to override the governor's veto of a bill that would allow out-of-state financial institutions to have lower capital reserves than required of Missouri institutions. Senate roll call - SCS HB 1098 (09/16/2015): Passage of the motion to override the governor's veto of a bill that would allow out-of-state financial institutions to have lower capital reserves than required of Missouri institutions. Get the veto letter The Fiscal Note(s) Official legislative description and status

See:

House roll call - HCS HB 1098 (04/07/2015): 3rd reading of a bill to ease requirements on out-of-state financial institutions.

Senate roll call - HCS HB 1098 (05/04/2015): 3rd reading of a bill to ease requirements on out-of-state financial institutions.

House roll call - HCS HB 1098 (05/13/2015): 3rd reading and final passage of a bill to ease requirements on out-of-state financial institutions.

House roll call - SCS HB 1098 (09/16/2015): Passage of the motion to override the governor's veto of a bill that would allow out-of-state financial institutions to have lower capital reserves than required of Missouri institutions.

Senate roll call - SCS HB 1098 (09/16/2015): Passage of the motion to override the governor's veto of a bill that would allow out-of-state financial institutions to have lower capital reserves than required of Missouri institutions.

Get the veto letter

The Fiscal Note(s)

Official legislative description and status

Note: The descriptions of bills, amendments and roll-call votes are written by MDN journalists. MDN's database may not include committee assignments of bills made on the last day of the session since it is too late for the committee to act on the bill and, thus, the delayed assignment has no practical effect.