On January 11, 2010, Delegate Bob Marshall introduced to the Virginia General Assembly a bill, HJ62, to study whether to establish a state bank. Unfortunately, the bill was tabled in committee on January 28.
HJ62: Banks; joint subcommittee to study whether to establish those to be operated by State. Introduced By Del. Bob Marshall (R-Manassas)
Study; whether to establish a bank operated by the Commonwealth; report. Establishes a joint subcommittee to study whether to establish a bank operated by the Commonwealth. The study shall consider recommendations for legislation to establish a state owned, controlled, and operated bank.