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Senator warms support for SB 413; Senate adopts House amendment reducing required bank-board meetings
Summary
The Senate concurred with a House amendment to reduce required regular meetings of state bank boards from nine to six and passed Senate File 413 with unanimous support, while preserving authority for the superintendent to require additional meetings when necessary.
Senator Warmie, recognized by the chair for opening remarks on Senate File 413, said the bill concerns bank board membership and that the House amendment reduces the number of required regular board meetings from nine to six, matching credit-union requirements. "Senate file 413, deals with bank board membership," Warmie said, and moved that the Senate concur with the House amendment.
Warmie closed by moving the bill as amended. The reading of an amended bill title was conducted by the clerk and the Senate voted to pass SF 413. The roll-call readout recorded multiple individually named aye votes and the chair announced "Those voting aye, 46. Those voting nay, 0." The amendment and title were agreed to and the bill was declared to have passed the Senate; the sponsor later requested unanimous consent to message SF 413 to the House, and the chair ordered it messaged.
