HB 483 (1997): relative to regulation of securities.

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@misc{bill-1997-hb483, title = {HB 483 (1997): relative to regulation of securities.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1997/hb483}, note = {Accessed 24 Oct. 2026} }

HB 483 (1997)

relative to regulation of securities.

  • Status: Signed into law
  • Term: 1997-1998
  • House committee: Commerce
  • Senate committee: Banks
  • Subject: Banking and Finance
  • Chapter law: 112

The Story

It was introduced on January 9, 1997 and referred to the House Commerce committee. The committee held a public hearing on February 18, 1997. The committee held work sessions on February 21, 1997 and March 3, 1997. The majority of the committee recommended that the House pass it with changes unanimously, 13–0, and the report was placed on the consent calendar. On March 18, 1997 the House voted to pass it with changes. It crossed to the Senate on March 27, 1997 and was referred to the Senate Banks committee. The committee held a public hearing on April 22, 1997. The committee voted unanimously, 3–0, to recommend that the Senate pass it. On April 30, 1997 the Senate voted to pass it on a voice vote. An enrolled bill amendment (0010) was adopted on a voice vote on May 22, 1997. These correct technical errors found after passage. An enrolled bill amendment () was adopted on a voice vote on May 28, 1997. These correct technical errors found after passage. 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 112 of the session laws. It took effect on June 9, 1997.

Sponsors

  • Rep. Flanagan (Rock 14) (prime sponsor)

Hearings and Sessions

  • February 18, 1997, 10:30 AM: hearing, House Commerce, RM302,LOB
  • February 21, 1997, 12:30 PM: subcommittee work session, House Commerce, RM302,LOB
  • March 3, 1997, 9:30 AM: subcommittee work session, House Commerce, RM302,LOB
  • April 22, 1997, 1:15 PM: hearing, Senate Banks, RM102,LOB

Votes

  • April 30, 1997, Senate: Ought to Pass — voice vote, passed

The Docket

  • January 9, 1997: INTRODUCED AND REF TO COMMERCE; HJ17,P256
  • January 30, 1997: COPY TO CHAIRMAN ON 01/30/97 DUE ON 03/12/97
  • February 18, 1997: HEARING FEB18 10:30 RM302,LOB FOR: COMMERCE
  • February 21, 1997: SUBCOM WORK SESSION FEB21 12:30 RM302,LOB FOR: COMMERCE
  • March 3, 1997: SUBCOM WORK SESSION MAR03 09:30 RM302,LOB FOR: COMMERCE
  • March 10, 1997: MAJ REPORT OTP/AM FOR MAR18 (VOTE 13-0;CC)
  • March 10, 1997: PROP COMM AM<0583>; HC36,P906-910
  • March 18, 1997: PASSED WITH AM; HJ40A,P1139-1144 + HJ40C,P1252
  • March 27, 1997: INTRODUCED AND REF TO BANKS; SJ10,P182
  • April 22, 1997: HEARING APR22 01:15 RM102,LOB FOR: BANKS
  • April 25, 1997: COMM REPORT OTP FOR APR30 (VOTE 3-0)
  • April 30, 1997: PASSED VV; SJ14,P274 + 280
  • May 22, 1997: ENROLLED AM<0010>, AA VV; SJ20,P407-408
  • May 28, 1997: ENROLLED AM, AA VV; HJ70,P2009
  • May 28, 1997: ENROLLED; HJ70,P2042
  • May 29, 1997: ENROLLED; SJ22,P494
  • June 9, 1997: SIGNED BY GOVERNOR 06/09/97 EFF: 06/09/97* CHAP.0112

Laws It Would Change

From the General Court