HB 375 (1995): relative to the interest rate on judgments.

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@misc{bill-1995-hb375, title = {HB 375 (1995): relative to the interest rate on judgments.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1995/hb375}, note = {Accessed 24 Oct. 2026} }

HB 375 (1995)

relative to the interest rate on judgments.

  • Status: Signed into law
  • Term: 1995-1996
  • House committee: Commerce, Small Business, Consumer Affairs and Economic Development
  • Senate committee: Judiciary
  • Subject: Miscellaneous
  • Chapter law: 242

The Story

It was introduced on January 5, 1995 and referred to the House Commerce, Small Business, Consumer Affairs and Economic Development committee. The committee held a public hearing on January 31, 1995. The committee held a work session on February 8, 1995. 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 February 15, 1995 the House voted to pass it with changes. It crossed to the Senate on February 21, 1995 and was referred to the Senate Banks committee. The Senate withdrew that referral and sent the bill to the Judiciary committee instead. The committee held a public hearing on April 26, 1995. The committee recommended that the Senate pass it with changes. On May 11, 1995 the Senate voted to pass it with changes on a voice vote. On May 23, 1995 the House voted to reject the other chamber's changes on a voice vote. On May 23, 1995 the Senate adopted “Accede to Request for Committee of Conference” on a voice vote. A committee of conference met on May 31, 1995 to try to settle the differences between the two chambers' versions of the bill. On June 6, 1995 the Senate adopted “Conference Committee Report” on a voice vote. On June 6, 1995 the House adopted “Conference Committee Report”. The bill was enrolled on June 6, 1995 — the final check of the text before it goes to the governor. The governor signed it on June 19, 1995, making it Chapter 242 of the session laws. It took effect on September 1, 1995.

Sponsors

  • Rep. Mercer (Hills 27) (prime sponsor)
  • Sen. Fraser (SD4)

Hearings and Sessions

  • January 31, 1995, 1:45 PM: hearing, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • February 8, 1995, 9:15 AM: subcommittee work session, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • April 26, 1995, 10:00 AM: hearing, Senate Judiciary, RM103,LOB
  • May 31, 1995, 10:00 AM: committee of conference, RM302,LOB

Votes

  • May 11, 1995, Senate: Ought to Pass with Amendment — voice vote, passed
  • May 23, 1995, House: Nonconcur and Request Committee of Conference — voice vote, passed
  • May 23, 1995, Senate: Accede to Request for Committee of Conference — voice vote, passed
  • June 6, 1995, Senate: Conference Committee Report — voice vote, passed

The Docket

  • January 5, 1995: INTRODUCED AND REF TO COMMERCE; HJ11,P152
  • January 12, 1995: COPY TO CHAIRMAN ON 01/12/95 DUE ON 03/08/95
  • January 31, 1995: HEARING JAN31 01:45 RM302,LOB FOR: COMMERCE
  • February 8, 1995: SUBCOM WORK SESSION FEB08 09:15 RM302,LOB FOR: COMMERCE
  • February 9, 1995: MAJ REPORT OTP/AM FOR FEB15 (VOTE 15-0;CC)
  • February 9, 1995: PROP COMM AM<1188>; HC20,P416
  • February 15, 1995: PASSED WITH AM; HJ25,P528 + 558
  • February 21, 1995: INTRODUCED AND REF TO BANKS; SJ6,P55
  • March 9, 1995: VACATED TO JUDICIARY, SEN FRASER MA VV; SJ8,P96
  • April 26, 1995: HEARING APR26 10:00 RM103,LOB FOR: JUDICIARY
  • May 10, 1995: COMM REPORT OTP/AM MAY11
  • May 10, 1995: PROP COMM AM<2514>; SC36,P12
  • May 11, 1995: COMM AM, AA VV; PASSED WITH AM VV; SJ19,P346 + 356
  • May 23, 1995: HOUSE NONC WITH SEN AM REQ CONF COMM, REP B PACKARD MA VV; HJ71, P1948
  • May 23, 1995: <SPKR APPTS REPS: KRUEGER, HERMAN, PAPPAS & DESTEFANO>
  • May 23, 1995: SEN ACCEDED TO REQ FOR CONF COMM, SEN PODLES MA VV; SJ22,P479
  • May 23, 1995: <PRES APPTS SENS: PODLES, GORDON & FRASER>
  • May 31, 1995: CONF COMM MEETING MAY31 10:00 RM302,LOB
  • May 31, 1995: CONF COMM REPORT (SEN AM + NEW AM<2826>) FILED
  • June 6, 1995: CONF COMM REPORT ADOPTED VV; SJ24,P506-507
  • June 6, 1995: CONF COMM REPORT ADOPTED; HJ76,P2043
  • June 6, 1995: ENROLLED; HJ81,P2088
  • June 6, 1995: ENROLLED; SJ24,P542
  • June 19, 1995: SIGNED BY GOVERNOR 06/19/95 EFF: 09/01/95 CHAP.0242

Laws It Would Change

From the General Court