SB 87-FN (1995): relative to the business finance authority.

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@misc{bill-1995-sb87, title = {SB 87-FN (1995): relative to the business finance authority.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1995/sb87}, note = {Accessed 24 Oct. 2026} }

SB 87-FN (1995)

relative to the business finance authority.

  • Status: Signed into law
  • Term: 1995-1996
  • House committee: Commerce, Small Business, Consumer Affairs and Economic Development
  • Senate committee: Banks
  • Subject: Miscellaneous
  • Chapter law: 128

The Story

It was introduced on January 5, 1995 and referred to the Senate Banks committee. The committee held public hearings on February 7, 1995 and March 14, 1995. The committee recommended that the Senate pass it with changes. On March 21, 1995 the Senate voted to pass it with changes, then referred it on to the Senate Finance committee. The committee recommended that the Senate pass it. On March 28, 1995 the Senate voted to pass it on a voice vote. It crossed to the House on March 30, 1995 and was referred to the House Commerce, Small Business, Consumer Affairs and Economic Development committee. The committee held a public hearing on April 13, 1995. The committee held a work session on April 25, 1995. The majority of the committee recommended that the House pass it unanimously, 17–0. On May 2, 1995 the House voted to pass it on a voice vote. The bill was enrolled on May 18, 1995 — the final check of the text before it goes to the governor. The governor signed it on May 19, 1995, making it Chapter 128 of the session laws. It took effect on May 19, 1995.

Sponsors

  • Sen. Keough (SD23) (prime sponsor)

Hearings and Sessions

  • February 7, 1995, 2:30 PM: hearing, Senate Banks, RM103,LOB
  • March 14, 1995, 10:00 AM: hearing, Senate Banks, RM103,LOB
  • April 13, 1995, 10:00 AM: hearing, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • April 25, 1995, 11:15 AM: subcommittee work session, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB

Votes

  • March 28, 1995, Senate: Ought to Pass — voice vote, passed
  • May 2, 1995, House: Ought to Pass — voice vote, passed

The Docket

  • January 5, 1995: INTRODUCED AND REF TO BANKS; SJ2,P27
  • February 7, 1995: HEARING FEB07 02:30 RM103,LOB FOR: BANKS
  • March 14, 1995: RESCHEDULED HEARING MAR14 10:00 RM103,LOB FOR: BANKS
  • March 20, 1995: COMM REPORT OTP/AM MAR21
  • March 20, 1995: PROP COMM AM<1845>; SC22,P3-4
  • March 21, 1995: COMM AM, AA VV; PASSED WITH AM AND REF TO FINANCE; SJ10,P162-163
  • March 27, 1995: FIN COMM REPORT OTP MAR28
  • March 28, 1995: PASSED VV; SJ11,P185 + 193
  • March 30, 1995: INTRODUCED AND REF TO COMMERCE; HJ44,P1328
  • March 30, 1995: COPY TO CHAIRMAN ON 03/30/95 DUE ON 04/26/95
  • April 13, 1995: HEARING APR13 10:00 RM302,LOB FOR: COMMERCE
  • April 25, 1995: SUBCOM WORK SESSION APR25 11:15 RM302,LOB FOR: COMMERCE
  • April 26, 1995: MAJ REPORT OTP FOR MAY02 (VOTE 17-0)
  • May 2, 1995: PASSED VV; HJ63,P1758 + 1781
  • May 16, 1995: ENROLLED; HJ68,P1905
  • May 18, 1995: ENROLLED; SJ21,P377
  • May 19, 1995: SIGNED BY GOVERNOR 05/19/95 EFF: 05/19/95 CHAP.0128

Laws It Would Change

From the General Court