HB 650 (1997): relative to limited liability companies.

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@misc{bill-1997-hb650, title = {HB 650 (1997): relative to limited liability companies.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1997/hb650}, note = {Accessed 24 Oct. 2026} }

HB 650 (1997)

relative to limited liability companies.

  • Status: Signed into law
  • Term: 1997-1998
  • House committee: Commerce
  • Senate committee: Economic Development
  • Subject: Miscellaneous
  • Chapter law: 120

The Story

On January 29, 1997 the House adopted “Suspend Rules for intro on legis signed off after 01/17/1997”, on a motion by Rep. Wheeler & Burling. It was introduced on January 29, 1997 and referred to the House Commerce committee. The committee held a public hearing on February 25, 1997. The committee held work sessions on February 26, 1997, March 4, 1997 and March 10, 1997. The majority of the committee recommended that the House pass it with changes unanimously, 12–0, and the report was placed on the consent calendar. On March 18, 1997 the House voted to pass it with changes on a voice vote. It crossed to the Senate on March 27, 1997 and was referred to the Senate Economic Development committee. The committee held a public hearing on April 9, 1997. The committee voted unanimously, 6–0, to recommend that the Senate pass it. On April 24, 1997 the Senate voted to pass it on a voice vote. The bill was enrolled on May 15, 1997 — the final check of the text before it goes to the governor — and an enrolled bill amendment (0007) was adopted on a voice vote to 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 120 of the session laws. It took effect on August 8, 1997.

Sponsors

  • Rep. Mercer (Hills 27) (prime sponsor)
  • Sen. Gordon (SD2)

Hearings and Sessions

  • February 25, 1997, 1:15 PM: hearing, RM302,LOB :COMMERCE
  • February 26, 1997, 11:00 AM: subcommittee work session, House Commerce, RM302,LOB
  • March 4, 1997, 2:30 PM: subcommittee work session, House Commerce, RM302,LOB
  • March 10, 1997, 8:30 AM: subcommittee work session, House Commerce, RM302,LOB
  • April 9, 1997, 3:00 PM: hearing, Senate Economic Development, RM103,LOB

Votes

  • March 18, 1997, House: Ought to Pass with Amendment — voice vote, passed
  • April 24, 1997, Senate: Ought to Pass — voice vote, passed

The Docket

  • January 29, 1997: REPS WHEELER & BURLING SUSP RULES FOR INTRO ON LEGIS SIGNED OFF AFTER JAN 17, MA 2/3VV; HJ17,P275
  • January 29, 1997: INTRODUCED AND REF TO COMMERCE; HJ17,P279
  • February 6, 1997: COPY TO CHAIRMAN ON 02/06/97 DUE ON 03/12/97
  • February 25, 1997: HEARING FEB25 01:15 RM302,LOB :COMMERCE
  • February 26, 1997: SUBCOM WORK SESSION FEB26 11:00 RM302,LOB FOR: COMMERCE
  • March 4, 1997: SUBCOM WORK SESSION MAR04 02:30 RM302,LOB FOR: COMMERCE
  • March 10, 1997: SUBCOM WORK SESSION MAR10 08:30 RM302,LOB FOR: COMMERCE
  • March 10, 1997: MAJ REPORT OTP/AM FOR MAR18 (VOTE 12-0;CC)
  • March 10, 1997: PROP COMM AM<0687>; HC36,P938-958
  • March 18, 1997: COMM AM, AA VV; PASSED WITH AM VV; HJ40B,P1187-1207 + HJ40C,P1253
  • March 27, 1997: INTRODUCED AND REF TO ECON DEV; SJ10,P183
  • April 9, 1997: HEARING APR09 03:00 RM103,LOB FOR: ECON DEV
  • April 21, 1997: COMM REPORT OTP FOR APR24 (VOTE 6-0)
  • April 24, 1997: PASSED VV; SJ13,P249 + 273
  • May 15, 1997: ENROLLED AM<0007E>, AA VV; SJ18,P335-336
  • May 20, 1997: ENROLLED AM<0007>, AA VV; HJ66,P1895
  • May 28, 1997: ENROLLED; HJ70,P2036
  • May 29, 1997: ENROLLED; SJ22,P492
  • June 9, 1997: SIGNED BY GOVERNOR 06/09/97 EFF: 08/08/97* CHAP.0120

Laws It Would Change

From the General Court