HB 704 (1991): relative to liquidation under the supervision of the bank commissioner.
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@misc{bill-1991-hb704, title = {HB 704 (1991): relative to liquidation under the supervision of the bank commissioner.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1991/hb704}, note = {Accessed 24 Oct. 2026} }
HB 704 (1991)
relative to liquidation under the supervision of the bank commissioner.
- Status: Signed into law
- Term: 1991-1992
- House committee: Commerce, Small Business and Consumer Affairs
- Senate committee: Banks
- Subject: Miscellaneous
- Chapter law: 251
The Story
It was introduced on February 5, 1991 and referred to the House Commerce, Small Business and Consumer Affairs committee. The committee held a public hearing on February 28, 1991. The majority of the committee recommended that the House pass it with changes unanimously, 15–0, and the report was placed on the consent calendar. On March 19, 1991 the House adopted “Suspend Rules to consider on 03/19/1991”, on a motion by Rep. Gross & Chambers. On March 19, 1991 the House voted to pass it with changes. It crossed to the Senate on March 28, 1991 and was referred to the Senate Banks committee. The committee held a public hearing on April 16, 1991. The committee recommended that the Senate pass it. On April 18, 1991 the Senate adopted “Recommit” on a voice vote. The committee recommended that the Senate pass it with changes. On May 14, 1991 the Senate voted to pass it with changes on a voice vote. On May 21, 1991 the House voted to agree to the other chamber's changes on a voice vote. The bill was enrolled on May 28, 1991 — the final check of the text before it goes to the governor. The governor signed it on June 10, 1991, making it Chapter 251 of the session laws. It took effect on June 10, 1991. The bill was enrolled on June 11, 1991 — the final check of the text before it goes to the governor.
Sponsors
- Rep. B. Packard (Hills 15) (prime sponsor)
Hearings and Sessions
- February 28, 1991, 10:00 AM: hearing, House Commerce, Small Business and Consumer Affairs, RM207,LOB
- April 16, 1991, 10:30 AM: hearing, Senate Banks, RM103,LOB
- May 2, 1991, 9:30 AM: hearing, Senate Banks, RM103,LOB
Votes
- April 18, 1991, Senate: Recommit — voice vote, passed
- May 14, 1991, Senate: Ought to Pass with Amendment — voice vote, passed
- May 14, 1991, Senate: Ought to Pass with Amendment — voice vote, passed
- May 21, 1991, House: Concur — voice vote, passed
The Docket
- February 5, 1991: INTRODUCED AND REF TO COMMERCE; HJ23,P302
- February 5, 1991: IN SEAT POCKET ON FEB14 DUE ON MAR14
- February 28, 1991: HEARING FEB28 10:00 RM207,LOB FOR: COMMERCE
- March 14, 1991: MAJ REPORT OTP/AM FOR MAR20 (VOTE 15-0;CC)
- March 18, 1991: PROP COMM AM (NEW TITLE); HC46,P940-941
- March 19, 1991: REPS GROSS & CHAMBERS SUSP RULES TO CONSIDER ON MAR19, MA 2/3VV; HJ53A,P1142
- March 19, 1991: PASSED WITH AM; HJ53A,P1147 + HJ53B,P1198
- March 28, 1991: INTRODUCED AND REF TO BANKS; SJ14,P187
- April 16, 1991: HEARING APR16 10:30 RM103,LOB FOR: BANKS
- April 17, 1991: COMM REPORT OTP APR18
- April 18, 1991: RECOMMITTED TO BANKS, SEN FRASER MA VV; SJ18,P243
- April 29, 1991: RE-HEARING MAY02 09:30 RM103,LOB FOR: BANKS
- May 9, 1991: INFORMATION SESSION ON SEN AM MAY14 10:00 RM207,LOB FOR: COMM
- May 13, 1991: COMM REPORT OTP/AM MAY14
- May 14, 1991: PROP COMM AM; SC33,P4-6
- May 14, 1991: COMM AM, AA VV; SEN SHAHEEN FL AM, AA VV; PASSED WITH AM VV; SJ24,P316-318
- May 14, 1991: SEN RUSSMAN MOVED TO RECONSIDER, MA VV;SEN RUSSMAN FL AM, AA VV; PASSED WITH AM VV; SJ24,P327 + 328
- May 21, 1991: HOUSE CONC WITH SEN AM, REP FOSS MA VV; HJ82,P1897
- May 28, 1991: ENROLLED; HJ85,P1921
- June 10, 1991: SIGNED BY GOVERNOR 06/10/91 EFF: 06/10/91 CHAP.0251
- June 11, 1991: 06/11/91 ENROLLED; SJ30,P592