HB 124-FN (1989): relative to the annual fee for issuers of open-end mutual funds and relative to fees charged for licenses of broker-dealers, investment advisors, and issuer-dealers.
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- Granite Record. “HB 124-FN (1989): relative to the annual fee for issuers of open-end mutual funds and relative to fees charged for licenses of broker-dealers, investment advisors, and issuer-dealers.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1989/hb124.
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@misc{bill-1989-hb124, title = {HB 124-FN (1989): relative to the annual fee for issuers of open-end mutual funds and relative to fees charged for licenses of broker-dealers, investment advisors, and issuer-dealers.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1989/hb124}, note = {Accessed 24 Oct. 2026} }
HB 124-FN (1989)
relative to the annual fee for issuers of open-end mutual funds and relative to fees charged for licenses of broker-dealers, investment advisors, and issuer-dealers.
- Status: Signed into law
- Term: 1989-1990
- House committee: Commerce, Small Business and Consumer Affairs
- Senate committee: Insurance
- Subject: Banking and Finance
- Chapter law: 20
The Story
It was introduced on January 4, 1989 and referred to the House Commerce, Small Business and Consumer Affairs committee. The committee held a public hearing on January 31, 1989. The majority of the committee recommended that the House pass it unanimously, 15–0. On February 23, 1989 the House voted to pass it. It crossed to the Senate on February 24, 1989 and was referred to the Senate Insurance committee. The committee held a public hearing on March 13, 1989. The committee recommended that the Senate pass it. On March 16, 1989 the Senate voted to pass it. The bill was enrolled on March 23, 1989 — the final check of the text before it goes to the governor. The governor signed it on April 4, 1989, making it Chapter 20 of the session laws. It took effect on January 1, 1990.
Sponsors
- Rep. Pantzer (Merr 11) (prime sponsor)
- Rep. McCain (Rock 11)
- Rep. Packard (Hills 15)
- Sen. Freese (SD4)
Hearings and Sessions
- January 31, 1989, 11:00 AM: hearing, House Commerce, Small Business and Consumer Affairs, RM207,LOB
- March 13, 1989, 11:00 AM: hearing, Senate Insurance, RM 101
The Docket
- January 4, 1989: INTRODUCED AND REF TO COMMERCE HJ9 ,P92
- January 4, 1989: IN SEAT POCKET ON 01/04/89 DUE ON 02/28/89
- January 31, 1989: HEARING 01/31/89 11:00 RM207,LOB FOR: COMMERCE
- February 10, 1989: MAJ REPORT OTP FOR: 2/23 VOTE (15-0;CC)
- February 23, 1989: PASSED/ADOPTED; HJ30, P575 + 590
- February 24, 1989: INTRODUCED AND REF TO INSURANCE
- March 13, 1989: HEARING 3/13 11:00 RM 101 FOR:INSURANCE
- March 13, 1989: COMMITTEE REPORT OTP
- March 16, 1989: PASSED/ADOPTED
- March 23, 1989: ENROLLED:
- March 23, 1989: ENROLLED:
- April 4, 1989: SIGNED BY GOVERNOR 4/4/89 EFF: 1/1/90 CHAP: 20