SB 228-FN-A (1991): relative to the treatment of New Hampshire investment trusts and the open bank assistance program under the New Hampshire business profits tax.
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@misc{bill-1991-sb228, title = {SB 228-FN-A (1991): relative to the treatment of New Hampshire investment trusts and the open bank assistance program under the New Hampshire business profits tax.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1991/sb228}, note = {Accessed 24 Oct. 2026} }
SB 228-FN-A (1991)
relative to the treatment of New Hampshire investment trusts and the open bank assistance program under the New Hampshire business profits tax.
- Status: Signed into law
- Term: 1991-1992
- House committee: Commerce, Small Business and Consumer Affairs
- Senate committee: Banks
- Subject: Miscellaneous
- Chapter law: 67
The Story
It was introduced on January 3, 1991 and referred to the Senate Ways and Means committee. The Senate withdrew that referral and sent the bill to the Banks committee instead. The committee held a public hearing on February 21, 1991. The committee recommended that the Senate pass it with changes. On March 14, 1991 the Senate voted to pass it with changes on a voice vote. It crossed to the House on March 26, 1991 and was referred to the House Commerce, Small Business and Consumer Affairs committee. The committee held a public hearing on April 10, 1991. The committee held a work session on April 16, 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 April 23, 1991 the House voted to pass it with changes. On April 25, 1991 the Senate voted to agree to the other chamber's changes on a voice vote. The bill was enrolled on May 2, 1991 — the final check of the text before it goes to the governor. The governor signed it on May 9, 1991, making it Chapter 67 of the session laws. It took effect on May 9, 1991.
Sponsors
- Sen. Fraser (SD4) (prime sponsor)
Hearings and Sessions
- February 21, 1991, 8:30 AM: hearing, Senate Banks, RM103,LOB
- April 10, 1991, 10:30 AM: hearing, House Commerce, Small Business and Consumer Affairs, RM207,LOB
- April 16, 1991, 2:30 PM: subcommittee work session, House Commerce, Small Business and Consumer Affairs, RM207,LOB
Votes
- March 14, 1991, Senate: Ought to Pass with Amendment — voice vote, passed
- April 25, 1991, Senate: Concur — voice vote, passed
The Docket
- January 3, 1991: INTRODUCED AND REF TO WAYS & MEANS
- February 12, 1991: VACATED TO BANKS, SEN MCLANE MA VV
- February 21, 1991: ==CANCELLED==HEARING FEB21 11:00 RM104,LOB FOR: WAYS & MEANS
- February 21, 1991: HEARING FEB21 08:30 RM103,LOB FOR: BANKS
- March 13, 1991: COMM REPORT OTP/AM MAR14
- March 14, 1991: PROP COMM AM (NEW TITLE); SC16,P11-13
- March 14, 1991: COMM AM, AA VV; PASSED WITH AM VV; SJ10,P83-84 + 98
- March 26, 1991: INTRODUCED AND REF TO COMMERCE; HJ60,P1369
- March 26, 1991: IN SEAT POCKET ON APR02 DUE ON APR24
- April 10, 1991: HEARING APR10 10:30 RM207,LOB FOR: COMMERCE
- April 16, 1991: SUBCOM WORK SESSION APR16 02:30 RM207,LOB FOR: COMMERCE
- April 18, 1991: MAJ REPORT OTP/AM FOR APR23 (VOTE 15-0;CC)
- April 19, 1991: PROP COMM AM (NEW TITLE); HC67,P1540-1548
- April 23, 1991: PASSED WITH AM; HJ69,P1580-1589 + 1593
- April 25, 1991: SEN CONC WITH HOUSE AM, SEN FRASER MA VV; SJ19,P263-264
- April 30, 1991: ENROLLED; HJ74,P1708
- May 2, 1991: ENROLLED; SJ21,P293
- May 9, 1991: SIGNED BY GOVERNOR 05/09/91 EFF: 05/09/91 CHAP.0067