SB 121 (1997): authorizing state-chartered financial institutions to engage in certain insurance activities.
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@misc{bill-1997-sb121, title = {SB 121 (1997): authorizing state-chartered financial institutions to engage in certain insurance activities.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1997/sb121}, note = {Accessed 24 Oct. 2026} }
SB 121 (1997)
authorizing state-chartered financial institutions to engage in certain insurance activities.
- Status: Killed
- Term: 1997-1998
- House committee: Commerce
- Senate committee: Banks
- Subject: Miscellaneous
The Story
It was introduced on January 9, 1997 and referred to the Senate Banks committee. The committee held a public hearing on February 4, 1997. The committee voted unanimously, 7–0, to recommend that the Senate pass it with changes. On February 13, 1997 the Senate voted to pass it with changes on a voice vote. It crossed to the House on February 19, 1997 and was referred to the House Commerce committee. The committee held a public hearing on March 26, 1997. The majority of the committee recommended that the House kill it by a vote of 12–1, and the report was placed on the consent calendar. On May 20, 1997 the House voted to kill it.
Sponsors
- Sen. Fraser (SD4) (prime sponsor)
Hearings and Sessions
- February 4, 1997, 1:00 PM: hearing, Senate Banks, RM102,LOB
- March 26, 1997, 10:00 AM: hearing, House Commerce, RM302,LOB
Votes
- February 13, 1997, Senate: Ought to Pass with Amendment — voice vote, passed
The Docket
- January 9, 1997: INTRODUCED AND REF TO BANKS; SJ2, P33
- February 4, 1997: HEARING FEB04 01:00 RM102,LOB FOR: BANKS
- February 10, 1997: COMM REPORT OTP/AM FOR FEB13 (VOTE: 7-0)
- February 10, 1997: PROP COMM AM<0145>; SC13,P4-5
- February 13, 1997: COMM AM, AA VV; PASSED/ADOPTED WITH AM VV SJ5, P67-68 & 79
- February 19, 1997: INTRODUCED AND REF TO COMMERCE; HJ29,P579
- February 25, 1997: COPY TO CHAIRMAN ON 02/25/97 DUE ON 04/29/97
- March 26, 1997: HEARING MAR26 10:00 RM302,LOB FOR: COMMERCE
- April 30, 1997: DEADLINE CHANGED TO 05/15/97, AM TO HOUSE RULES ADOPTED VV
- May 14, 1997: MAJ REPORT ITL FOR MAY20 (VOTE 12-1;CC)
- May 20, 1997: ITL REPORT ADOPTED; HJ66,P1898