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Votes at a glance: Banking Committee moves 12 bills, places most on consent calendar
Summary
At its March 11, 2025 meeting the Banking Committee moved 12 bills: most were placed on the consent calendar or advanced to the floor for further consideration; votes were held open until 2:00 p.m.
The Banking Committee on March 11 advanced a package of 12 bills. Most items were placed on the committee’s consent calendar or advanced to the floor; the committee held votes open until 2:00 p.m. to allow additional members to register votes.
Votes at a glance (action listed as recorded in committee):
- SB1256 (LCO 6165): Action JFS to the floor; placed on the consent calendar. - HB6990: Action JF to the floor; concerning seizure and forfeiture of digital wallets and virtual currency; placed on the consent calendar. - SB1397 (homeownership loan programs study): Action JF to the floor; placed on the consent calendar. - SB1398 (community reinvestment, reports/examinations of mortgage lenders): Action JFS to the floor; JFS removed section 6 related to nonbank mortgage lender inspections; placed on the consent calendar. - SB1399 (limited purpose trust companies): JFS changed this to a study; placed on the consent calendar. - SB1400 (childcare services loan program): JF to the floor; placed on the consent calendar. - SB1401 (disaster savings account; related tax deduction/credit LCO 6148): JF to the floor; placed on the consent calendar. - HB5503 (mortgagees required to provide periodic statements): JF to the floor; placed on the consent calendar. - HB6194 (disclosures concerning termination of certain funds/accounts, LCO 6153): JFS to the floor; placed on the consent calendar. - HB7082 (requirements for virtual-currency money transmission licensees; prohibiting state payments/investments in virtual currency): JF to the floor; placed on the consent calendar. - HB7083 (credit-union revisions, LCO 6188): JFS to the floor; received individual debate and roll-call vote (not placed on the consent calendar). - SB1396 (earned-wage access): JF to the floor; committee advanced the bill to permit additional negotiation among industry, Department of Banking and advocates; votes held open until 2:00 p.m.
The committee’s clerk called the roll on the consent calendar and recorded approvals for the items listed as being placed on consent. Committee members recognized the nonpartisan staff and clerks and noted that votes would remain open until 2:00 p.m. to allow members in other hearings to return their votes.
For items where the committee noted substantive changes in JFS language (for example SB1398 and SB1399), staff and sponsors said the edits reflect work to narrow or convert provisions (one to a study) so the committee could consider the remainder of the bill this year.
