HB 258-FN (1997): requiring financial institutions to display certain information on fees, charges, and available products in their lobbies.

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@misc{bill-1997-hb258, title = {HB 258-FN (1997): requiring financial institutions to display certain information on fees, charges, and available products in their lobbies.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1997/hb258}, note = {Accessed 24 Oct. 2026} }

HB 258-FN (1997)

requiring financial institutions to display certain information on fees, charges, and available products in their lobbies.

  • Status: Signed into law
  • Term: 1997-1998
  • House committee: Commerce
  • Senate committee: Banks
  • Subject: Miscellaneous
  • Chapter law: 146

The Story

It was introduced on January 9, 1997 and referred to the House Commerce committee. The committee held a public hearing on January 29, 1997. The committee held work sessions on February 12, 1997 and February 13, 1997. The majority of the committee recommended that the House pass it with changes unanimously, 14–0. On March 5, 1997 the House voted to pass it with changes on a voice vote. It crossed to the Senate on March 13, 1997 and was referred to the Senate Banks committee. The committee held a public hearing on March 25, 1997. The committee voted unanimously, 6–0, to recommend that the Senate pass it with changes. On May 8, 1997 the Senate voted to pass it with changes on a voice vote. On May 20, 1997 the House voted to agree to the other chamber's changes on a voice vote. The bill was enrolled on May 29, 1997 — the final check of the text before it goes to the governor. The governor signed it on June 9, 1997, making it Chapter 146 of the session laws. It took effect on January 1, 1998.

Sponsors

  • Rep. Hunt (Ches 10) (prime sponsor)
  • Rep. Adams (Merr 9)

Hearings and Sessions

  • January 29, 1997, 11:00 AM: hearing, House Commerce, RM302,LOB
  • February 12, 1997, 9:30 AM: subcommittee work session, RM302,LOB <NOTE TIME CHANGE>
  • February 13, 1997, 9:30 AM: subcommittee work session, RM302,LOB :COMMERCE
  • March 25, 1997, 1:30 PM: hearing, Senate Banks, RM102,LOB

Votes

  • March 5, 1997, House: Ought to Pass with Amendment — voice vote, passed
  • May 8, 1997, Senate: Ought to Pass with Amendment — voice vote, passed
  • May 20, 1997, House: Concur — voice vote, passed

The Docket

  • January 9, 1997: INTRODUCED AND REF TO COMMERCE; HJ12,P178
  • January 21, 1997: COPY TO CHAIRMAN ON 01/21/97 DUE ON 03/12/97
  • January 29, 1997: HEARING JAN29 11:00 RM302,LOB FOR: COMMERCE
  • February 12, 1997: SUBCOM WORK SESSION FEB12 09:30 RM302,LOB <NOTE TIME CHANGE>
  • February 13, 1997: SUBCOMMITTEE WORK SESS FEB13 9:30 RM302,LOB :COMMERCE
  • February 20, 1997: MAJ REPORT OTP/AM FOR MAR05 (VOTE 14-0)
  • February 20, 1997: PROP COMM AM<0281>; HC28,P565
  • March 5, 1997: COMM AM, AA VV; PASSED WITH AM VV; HJ33,P777 + 811
  • March 13, 1997: INTRODUCED AND REF TO BANKS; SJ8,P157
  • March 25, 1997: HEARING MAR25 01:30 RM102,LOB FOR: BANKS
  • May 5, 1997: COMM REPORT OTP/AM FOR MAY08 (VOTE 6-0)
  • May 5, 1997: PROP COMM AM<1243>; SC35,P3
  • May 8, 1997: COMM AM, AA VV; PASSED WITH AM VV; SJ16,P292 + 295
  • May 20, 1997: HOUSE CONC WITH SEN AM, REP HUNT MA VV; HJ66,P1894
  • May 20, 1997: ENROLLED; HJ70,P2002
  • May 29, 1997: ENROLLED; SJ22,P493
  • June 9, 1997: SIGNED BY GOVERNOR 06/09/97 EFF: 01/01/98 CHAP.0146

Laws It Would Change

From the General Court