SF 55 WY Became Law
Special purpose depository institution-amendments.
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Summary
AN ACT relating to banks, banking and finance; amending special purpose depository institution initial capital stock requirements; amending requirements for special purpose depository institutions to commence business as specified; amending requirements for the application to charter special purpose depository institutions as specified; amending the timeline special purpose depository institutions must commence business; authorizing appeals of decisions of the commissioner; amending the appealable court for decisions relating to special purpose depository institutions; creating a special purpose depository institution resolution fund account; specifying authorized expenditures and the investment of funds in the account; requiring a portion of supervisory fees to be paid to the account; repealing the requirement that special purpose depository institutions maintain a contingency account; making conforming amendments; requiring rulemaking; and providing for effective dates.
Sponsor (1)
Action history (20)
- Mar 8, 2026 Assigned Chapter Number 75 · executive
- Mar 8, 2026 Governor Signed SEA No. 0054 · legislature
- Mar 6, 2026 H Speaker Signed SEA No. 0054 · lower
- Mar 5, 2026 S President Signed SEA No. 0054 · upper
- Mar 5, 2026 Assigned Number SEA No. 0054 · executive
- Mar 5, 2026 H 3rd Reading:Passed 36-25-1-0-0 · lower
- Mar 4, 2026 H 2nd Reading:Passed · lower
- Mar 4, 2026 H COW:Passed · lower
- Mar 2, 2026 H Placed on General File · lower
- Mar 2, 2026 H09 - Minerals:Recommend Do Pass 7-1-1-0-0 · lower
- Feb 26, 2026 H Introduced and Referred to H09 - Minerals · lower
- Feb 23, 2026 H Received for Introduction · lower
- Feb 23, 2026 S 3rd Reading:Passed 26-5-0-0-0 · upper
- Feb 20, 2026 S 2nd Reading:Passed · upper
- Feb 20, 2026 S COW:Passed · upper
- Feb 18, 2026 S Placed on General File · upper
- Feb 18, 2026 S09 - Minerals:Recommend Do Pass 5-0-0-0-0 · upper
- Feb 10, 2026 S Introduced and Referred to S09 - Minerals 22-8-1-0-0 · upper
- Jan 29, 2026 S Received for Introduction · upper
- Jan 27, 2026 Bill Number Assigned · executive
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