HB 328 (1993): relative to the priority for distribution in insolvency proceedings of fees and costs paid in advance by consumers in relation to a mortgage application.

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@misc{bill-1993-hb328, title = {HB 328 (1993): relative to the priority for distribution in insolvency proceedings of fees and costs paid in advance by consumers in relation to a mortgage application.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1993/hb328}, note = {Accessed 24 Oct. 2026} }

HB 328 (1993)

relative to the priority for distribution in insolvency proceedings of fees and costs paid in advance by consumers in relation to a mortgage application.

  • Status: Signed into law
  • Term: 1993-1994
  • House committee: Commerce, Small Business and Consumer Affairs
  • Senate committee: Banks
  • Subject: Miscellaneous
  • Chapter law: 245

The Story

It was introduced on January 6, 1993 and referred to the House Commerce, Small Business and Consumer Affairs committee. The committee held a public hearing on January 19, 1993. The committee held a work session on January 28, 1993. The majority of the committee recommended that the House pass it with changes unanimously, 14–0, and the report was placed on the consent calendar. On March 3, 1993 the House voted to pass it with changes. It crossed to the Senate on March 11, 1993 and was referred to the Senate Banks committee. The committee held a public hearing on April 7, 1993. The committee recommended that the Senate pass it with changes. On May 11, 1993 the Senate voted to pass it with changes on a voice vote. On May 18, 1993 the House voted to agree to the other chamber's changes on a voice vote. The bill was enrolled on June 9, 1993 — the final check of the text before it goes to the governor. The governor signed it on June 15, 1993, making it Chapter 245 of the session laws. It took effect on June 15, 1993.

Sponsors

  • Rep. R. Wheeler (Hills 7) (prime sponsor)
  • Rep. Hunter (Hills 7)

Hearings and Sessions

  • January 19, 1993, 11:15 AM: hearing, House Commerce, Small Business and Consumer Affairs, RM207,LOB
  • January 28, 1993, 1:00 PM: subcommittee work session, House Commerce, Small Business and Consumer Affairs, RM207,LOB
  • April 7, 1993, 2:20 PM: hearing, Senate Banks, RM103,LOB

Votes

  • May 11, 1993, Senate: Ought to Pass with Amendment — voice vote, passed
  • May 18, 1993, House: Concur — voice vote, passed

The Docket

  • January 6, 1993: INTRODUCED AND REF TO COMMERCE; HJ8,P114
  • January 6, 1993: IN SEAT POCKET ON 01/06/93 DUE ON 02/10/93
  • January 19, 1993: HEARING JAN19 11:15 RM207,LOB FOR: COMMERCE
  • January 20, 1993: (SUBCOM CHMN: REP DROLET)
  • January 28, 1993: SUBCOM WORK SESSION JAN28 01:00 RM207,LOB FOR: COMMERCE
  • February 11, 1993: MAJ REPORT OTP/AM FOR MAR03 (VOTE 14-0;CC)
  • February 26, 1993: PROP COMM AM<1449>(NEW TITLE); HC25,P558
  • March 3, 1993: PASSED WITH AM; HJ31,P679 + 734
  • March 11, 1993: INTRODUCED AND REF TO BANKS; SJ9,P200
  • March 18, 1993: //CANCELLED//HEARING MAR24 02:20 RM103,LOB FOR: BANKS
  • April 7, 1993: RESCHEDULED HEARING APR07 02:20 RM103,LOB FOR: BANKS
  • May 10, 1993: COMM REPORT OTP/AM MAY11
  • May 10, 1993: PROP COMM AM<2320>(NEW TITLE); SC31,P5
  • May 11, 1993: COMM AM, AA VV; PASSED WITH AM VV; SJ17,P309-310 + 330
  • May 18, 1993: HOUSE CONC WITH SEN AM, REP B PACKARD MA VV; HJ77,P1839
  • June 8, 1993: ENROLLED; SJ22,P487
  • June 9, 1993: ENROLLED; HJ89,P1985
  • June 15, 1993: SIGNED BY GOVERNOR 06/15/93 EFF: 06/15/93 CHAP.0245

Laws It Would Change

From the General Court