HB 342 (1997): relative to the payment of recording fees for mortgage discharges and relative to notification of the discharge to the payor of the final payment in satisfaction of the mortgage.
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@misc{bill-1997-hb342, title = {HB 342 (1997): relative to the payment of recording fees for mortgage discharges and relative to notification of the discharge to the payor of the final payment in satisfaction of the mortgage.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1997/hb342}, note = {Accessed 24 Oct. 2026} }
HB 342 (1997)
relative to the payment of recording fees for mortgage discharges and relative to notification of the discharge to the payor of the final payment in satisfaction of the mortgage.
- Status: Signed into law
- Term: 1997-1998
- House committee: Commerce
- Senate committee: Banks
- Subject: Banking and Finance
- Chapter law: 84
The Story
It was introduced on January 9, 1997 and referred to the House Commerce committee. The committee held a public hearing on February 5, 1997. The committee held a work session on February 18, 1997. The majority of the committee recommended that the House pass it with changes unanimously, 13–0. 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. On May 8, 1997 the Senate voted to pass it on a voice vote. The bill was enrolled on May 22, 1997 — the final check of the text before it goes to the governor. The governor signed it on June 3, 1997, making it Chapter 84 of the session laws. It took effect on January 1, 1998.
Sponsors
- Rep. Guay (Coos 6) (prime sponsor)
- Sen. Fraser (SD4)
Hearings and Sessions
- February 5, 1997, 11:00 AM: hearing, House Commerce, RM302,LOB
- February 18, 1997, 9:00 AM: subcommittee work session, House Commerce, RM302,LOB
- March 25, 1997, 2:30 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 — voice vote, passed
The Docket
- January 9, 1997: INTRODUCED AND REF TO COMMERCE; HJ17,P251
- January 27, 1997: COPY TO CHAIRMAN ON 01/28/97 DUE ON 03/12/97
- February 5, 1997: HEARING FEB05 11:00 RM302,LOB FOR: COMMERCE
- February 18, 1997: SUBCOM WORK SESSION FEB18 09:00 RM302,LOB FOR: COMMERCE
- February 20, 1997: MAJ REPORT OTP/AM FOR MAR05 (VOTE 13-0)
- February 20, 1997: PROP COMM AM<0225>(NEW TITLE); HC28,P573
- March 5, 1997: COMM AM, AA VV; PASSED WITH AM VV; HJ33,P784-785 +(SEE PERM JRNL)
- March 13, 1997: INTRODUCED AND REF TO BANKS; SJ8,P158
- March 25, 1997: HEARING MAR25 02:30 RM102,LOB FOR: BANKS
- May 5, 1997: COMM REPORT OTP FOR MAY08 (VOTE 6-0)
- May 8, 1997: PASSED VV; SJ16,P292 + 295
- May 20, 1997: ENROLLED; HJ66,P1952
- May 22, 1997: ENROLLED; SJ20,P410
- June 3, 1997: SIGNED BY GOVERNOR 06/03/97 EFF: 01/01/98 CHAP.0084