HB 1265-FN-LOCAL (1994): allowing city treasurers to invest money belonging to the city in certain investment instruments.

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“HB 1265-FN-LOCAL (1994): allowing city treasurers to invest money belonging to the city in certain investment instruments.” Granite Record, https://graniterecord.org/bill/1994/hb1265. Accessed 24 Oct. 2026.
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Granite Record. “HB 1265-FN-LOCAL (1994): allowing city treasurers to invest money belonging to the city in certain investment instruments.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1994/hb1265.
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@misc{bill-1994-hb1265, title = {HB 1265-FN-LOCAL (1994): allowing city treasurers to invest money belonging to the city in certain investment instruments.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1994/hb1265}, note = {Accessed 24 Oct. 2026} }

HB 1265-FN-LOCAL (1994)

allowing city treasurers to invest money belonging to the city in certain investment instruments.

  • Status: Killed
  • Term: 1993-1994
  • House committee: Municipal and County Government
  • Senate committee: Banks
  • Subject: Miscellaneous

The Story

It was introduced on January 5, 1994 and referred to the House Municipal and County Government committee. The committee held a public hearing on January 27, 1994. The majority of the committee recommended that the House pass it by a vote of 13–2. On March 10, 1994 the House voted to pass it on a voice vote. It crossed to the Senate on March 22, 1994 and was referred to the Senate Banks committee. The committee held a public hearing on April 13, 1994. The committee recommended that the Senate kill it. On May 3, 1994 the Senate voted to kill it on a voice vote.

Sponsors

  • Rep. Cepaitis (Hills 33) (prime sponsor)
  • Sen. Pignatelli (SD13)

Hearings and Sessions

  • January 27, 1994, 10:30 AM: hearing, House Municipal and County Government, RM211,LOB
  • April 13, 1994, 2:30 PM: hearing, Senate Banks, RM103,LOB

Votes

  • March 10, 1994, House: Ought to Pass — voice vote, passed
  • May 3, 1994, Senate: Inexpedient to Legislate — voice vote, passed

The Docket

  • January 5, 1994: INTRODUCED AND REF TO MUN & CNTY GOVT; HJ7,P186
  • January 5, 1994: IN SEAT POCKET ON 01/05/94; DUE ON 03/10/94
  • January 27, 1994: HEARING JAN27 10:30 RM211,LOB FOR: MUN & CNTY GOVT
  • February 10, 1994: MAJ REPORT OTP FOR MAR10 (VOTE 13-2)
  • March 10, 1994: PASSED VV; HJ34,P1101 + 1111
  • March 22, 1994: INTRODUCED AND REF TO BANKS; SJ9,P227
  • April 13, 1994: HEARING APR13 02:30 RM103,LOB FOR: BANKS
  • May 2, 1994: COMM REPORT ITL MAY03
  • May 3, 1994: ITL REPORT ADOPTED VV; SJ14,P335

Laws It Would Change

From the General Court