SB 554-FN (1996): requiring the department of resources and economic development, the office of state planning, Pease development authority, and the business finance authority to make annual reports on their economic development programs and allowing state cred

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“SB 554-FN (1996): requiring the department of resources and economic development, the office of state planning, Pease development authority, and the business finance authority to make annual reports on their economic development programs and allowing state cred.” Granite Record, https://graniterecord.org/bill/1996/sb554. Accessed 24 Oct. 2026.
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@misc{bill-1996-sb554, title = {SB 554-FN (1996): requiring the department of resources and economic development, the office of state planning, Pease development authority, and the business finance authority to make annual reports on their economic development programs and allowing state cred}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1996/sb554}, note = {Accessed 24 Oct. 2026} }

SB 554-FN (1996)

requiring the department of resources and economic development, the office of state planning, Pease development authority, and the business finance authority to make annual reports on their economic development programs and allowing state cred

  • Status: Signed into law
  • Term: 1995-1996
  • House committee: Commerce, Small Business, Consumer Affairs and Economic Development
  • Senate committee: Economic Development
  • Subject: Housing
  • Chapter law: 189

The Story

It was introduced on January 3, 1996 and referred to the Senate Economic Development committee. The committee held a public hearing on January 11, 1996. The committee voted unanimously, 6–0, to recommend that the Senate pass it with changes. On February 8, 1996 the Senate voted to pass it with changes, then referred it on to the Senate Finance committee. The committee voted unanimously, 6–0, to recommend that the Senate pass it with changes. On March 7, 1996 the Senate voted to pass it with changes on a voice vote. It crossed to the House on March 19, 1996 and was referred to the House Commerce, Small Business, Consumer Affairs and Economic Development committee. The committee held a public hearing on March 28, 1996. The committee held a work session on April 8, 1996. The majority of the committee recommended that the House pass it with changes unanimously, 19–0, and the report was placed on the consent calendar. On April 17, 1996 the House voted to pass it with changes. On May 9, 1996 the Senate voted to agree to the other chamber's changes on a voice vote. The bill was enrolled on May 16, 1996 — the final check of the text before it goes to the governor. The governor signed it on June 3, 1996, making it Chapter 189 of the session laws. It took effect on August 2, 1996.

Sponsors

  • Sen. Cohen (SD24) (prime sponsor)
  • Sen. Shaheen (SD21)
  • Sen. J. King (SD18)
  • Rep. Below (Graf 13)

Hearings and Sessions

  • January 11, 1996, 1:30 PM: hearing, Senate Economic Development, RM212,LOB
  • March 28, 1996, 2:45 PM: hearing, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • April 8, 1996, 9:30 AM: subcommittee work session, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB

Votes

  • March 7, 1996, Senate: Ought to Pass with Amendment — voice vote, passed
  • May 9, 1996, Senate: Concur — voice vote, passed

The Docket

  • January 3, 1996: INTRODUCED AND REF TO ECON DEV; SJ1,P5
  • January 11, 1996: HEARING JAN11 01:30 RM212,LOB FOR: ECON DEV
  • February 7, 1996: COMM REPORT OTP/AM FEB08 (VOTE 6-0)
  • February 7, 1996: PROP COMM AM<4740>; SC7,P4
  • February 8, 1996: COMM AM, AA VV; PASSED WITH AM AND REF TO FINANCE; SJ6,P70
  • March 6, 1996: FIN COMM REPORT OTP/AM MAR07 (VOTE 6-0)
  • March 6, 1996: PROP FIN COMM AM<5218>(NEW TITLE); SC13,P17-18
  • March 7, 1996: COMM AM, AA VV; PASSED WITH AM VV; SJ11,P168-170 + 193
  • March 19, 1996: INTRODUCED AND REF TO COMMERCE; HJ42,P1540
  • March 19, 1996: COPY TO CHAIRMAN ON 03/20/96 DUE ON 04/10/96
  • March 28, 1996: HEARING MAR28 02:45 RM302,LOB FOR: COMM
  • April 8, 1996: SUBCOM WORK SESSION APR08 09:30 RM302,LOB FOR: COMM
  • April 9, 1996: MAJ REPORT OTP/AM FOR APR17 (VOTE 19-0;CC)
  • April 9, 1996: PROP COMM AM<5548>; HC50,P1656
  • April 17, 1996: PASSED WITH AM; HJ54,P1769 + 1810
  • May 9, 1996: SEN CONC WITH HOUSE AM, SEN JOHNSON MA VV; SJ23,P447
  • May 16, 1996: ENROLLED; SJ24,P483
  • May 16, 1996: ENROLLED; HJ69,P2107
  • June 3, 1996: SIGNED BY GOVERNOR 06/03/96 EFF: 08/02/96 CHAP.0189

Laws It Would Change

From the General Court