HB 1146 (1998): relative to the use of capital reserve funds for multiple payments of lease/purchase agreements.

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“HB 1146 (1998): relative to the use of capital reserve funds for multiple payments of lease/purchase agreements.” Granite Record, https://graniterecord.org/bill/1998/hb1146. Accessed 24 Oct. 2026.
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Granite Record. (n.d.). HB 1146 (1998): relative to the use of capital reserve funds for multiple payments of lease/purchase agreements. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/1998/hb1146
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Granite Record. “HB 1146 (1998): relative to the use of capital reserve funds for multiple payments of lease/purchase agreements.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1998/hb1146.
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@misc{bill-1998-hb1146, title = {HB 1146 (1998): relative to the use of capital reserve funds for multiple payments of lease/purchase agreements.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1998/hb1146}, note = {Accessed 24 Oct. 2026} }

HB 1146 (1998)

relative to the use of capital reserve funds for multiple payments of lease/purchase agreements.

  • Status: Signed into law
  • Term: 1997-1998
  • House committee: Municipal and County Government
  • Senate committee: Banks
  • Subject: Municipalities
  • Chapter law: 43

The Story

It was introduced on January 7, 1998 and referred to the House Municipal and County Government committee. The committee held a public hearing on February 4, 1998. The majority of the committee recommended that the House pass it with changes unanimously, 17–0, and the report was placed on the consent calendar. The committee held a work session on February 13, 1998. On February 18, 1998 the House voted to pass it with changes. It crossed to the Senate on February 19, 1998 and was referred to the Senate Banks committee. The committee held a public hearing on March 24, 1998. The committee voted unanimously, 6–0, to recommend that the Senate pass it. On April 9, 1998 the Senate voted to pass it on a voice vote. The bill was enrolled on April 23, 1998 — the final check of the text before it goes to the governor. The governor signed it on May 5, 1998, making it Chapter 43 of the session laws. It took effect on July 4, 1998.

Sponsors

  • Rep. Packard (Rock 29) (prime sponsor)

Hearings and Sessions

  • February 4, 1998, 10:00 AM: hearing, House Municipal and County Government, RM301,LOB
  • February 13, 1998, 11:00 AM: subcommittee work session, House Municipal and County Government, RM301,LOB
  • March 24, 1998, 2:15 PM: hearing, Senate Banks, RM102,LOB

Votes

  • April 9, 1998, Senate: Ought to Pass — voice vote, passed

The Docket

  • January 7, 1998: INTRODUCED AND REF TO MUN & CNTY GOVT; HJ3,P97
  • January 7, 1998: COPY TO CHAIRMAN ON 12/05/97 DUE ON 02/20/98
  • February 4, 1998: HEARING FEB04 10:00 RM301,LOB FOR: M&CG
  • February 10, 1998: MAJ REPORT OTP/AM FOR FEB18 (VOTE 17-0;CC)
  • February 10, 1998: PROP COMM AM<0683>; HC13,P606
  • February 13, 1998: SUBCOM WORK SESS FEB13 11:00 RM301,LOB FOR: M&CG
  • February 18, 1998: PASSED WITH AM; HJ18,P945 + 1010
  • February 19, 1998: INTRODUCED AND REF TO BANKS; SJ4,P103
  • March 24, 1998: HEARING MAR24 2:15 RM102,LOB FOR: BANKS
  • April 6, 1998: COMM REPORT OTP APR09 (VOTE 6-0)
  • April 9, 1998: PASSED VV; SJ10,P254 + 272
  • April 23, 1998: ENROLLED; HJ38,P1587
  • April 23, 1998: ENROLLED; SJ12,P297
  • May 5, 1998: SIGNED BY GOVERNOR 05/05/98 EFF: 07/04/98 CHAP.0043

Laws It Would Change

From the General Court