SB 97 (2000): [New Title] relative to charitable trusts which are institutional funds.
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@misc{bill-2000-sb97, title = {SB 97 (2000): [New Title] relative to charitable trusts which are institutional funds.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2000/sb97}, note = {Accessed 24 Oct. 2026} }
SB 97 (2000)
[New Title] relative to charitable trusts which are institutional funds.
- Status: Signed into law
- Term: 1999-2000
- House committee: Commerce
- Senate committee: Banks
- Subject: Miscellaneous
- Chapter law: 250
The Story
It was introduced on January 28, 1999 and referred to the Senate Banks committee. The committee held a public hearing on March 3, 1999. The committee recommended that the Senate pass it. On April 14, 1999 the Senate adopted “Substitute Motion Refer” on a voice vote, on a motion by Sen. Fraser. The committee held a public hearing on January 19, 2000. The committee recommended that the Senate pass it with changes. On February 3, 2000 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. It crossed to the House on February 10, 2000 and was referred to the House Commerce committee. The committee held a public hearing on April 5, 2000. The committee held work sessions on April 18, 2000 and April 26, 2000. 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 May 4, 2000 the House voted to pass it with changes. On May 18, 2000 the Senate adopted “Sen. Fraser Concur with House Amendment” on a voice vote. The bill was enrolled on May 31, 2000 — the final check of the text before it goes to the governor. The governor signed it on June 12, 2000, making it Chapter 250 of the session laws. It took effect on August 11, 2000.
Sponsors
- Sen. Burton Cohen (D - SD24) (prime sponsor)
Hearings and Sessions
- March 3, 1999, 9:45 AM: hearing, Senate Banks, LOB 103
- January 19, 2000, 8:30 AM: hearing, Senate Banks, LOB 103
- April 5, 2000, 10:00 AM: hearing, House Commerce, RM302,LOB
- April 18, 2000, 9:00 AM: subcommittee work session, House Commerce, RM302,LOB (Rep Kenney)
- April 26, 2000, 11:30 AM: subcommittee work session, House Commerce, RM302,LOB
Votes
- April 14, 1999, Senate: Substitute Motion Refer — voice vote, passed
- February 3, 2000, Senate: Ought to Pass with Amendment — voice vote, passed
- May 18, 2000, Senate: Sen. Fraser Concur with House Amendment — voice vote, passed
The Docket
- January 28, 1999: Introduction and referring to Banks 1/28/99
- March 3, 1999: Hearing, 3/3/99, Room 103, LOB, 9:45 a.m
- April 13, 1999: Committee Report, Ought to Pass, 4/14/99
- April 14, 1999: Sen. Fraser Moved Substitute Motion Refer, MA, VV
- January 19, 2000: Hearing , Jan. 19 , 8:30 a.m., Room 103 , LOB; SC1, Pg.4
- February 3, 2000: Committee Report, Ought to Pass with Amendment, {3209}, [New Title], 2/3/2000 ; SC8, Pg. 7
- February 3, 2000: Ought to Pass with Amendment, {3209}[NewTitle], AA,VV, OT3rdg., MA VV
- February 10, 2000: Introduced and ref to Commerce; HJ18, p478
- February 15, 2000: Copy to Chairman on 2/15/2000
- April 5, 2000: Hearing Apr 5 10:00 RM302,LOB
- April 18, 2000: Subcom Work Session Apr 18 9:00 RM302,LOB (Rep Kenney)
- April 19, 2000: (Subcom: Reps Kenney, M F Clark & T Reardon)
- April 26, 2000: Subcom Work Session Apr 26 11:30 RM302,LOB
- April 27, 2000: Maj Report OTP/AM for May 4 (vote 12-0;CC)
- April 27, 2000: Prop Comm Am{4251}; HC36, p1116-1117
- May 4, 2000: Passed with Am; HJ39, p1208 + 1235
- May 18, 2000: Sen. Fraser Concur with House Amendment{4251}; MA, VV
- May 31, 2000: Enrolled Bill, Adopted
- May 31, 2000: Enrolled; HJ48, p1548
- June 12, 2000: Signed by the Governor on 6/12/2000 Eff: 8/11/2000 Chap: 0250