HB 404 (2003): relative to common trust funds.
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@misc{bill-2003-hb404, title = {HB 404 (2003): relative to common trust funds.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2003/hb404}, note = {Accessed 24 Oct. 2026} }
HB 404 (2003)
relative to common trust funds.
- Status: Signed into law
- Term: 2003-2004
- House committee: Commerce
- Senate committee: Banks
- Subject: Miscellaneous
- Chapter law: 125
The Story
It was introduced on January 9, 2003 and referred to the House Commerce committee. The committee held a public hearing on February 11, 2003. The committee held a work session on March 7, 2003. The majority of the committee recommended that the House pass it unanimously, 19–0, and the report was placed on the consent calendar. On March 25, 2003 the House voted to pass it. It crossed to the Senate on April 24, 2003 and was referred to the Senate Banks committee. The committee held a public hearing on May 13, 2003. The committee recommended that the Senate pass it. On May 22, 2003 the Senate voted to pass it on a voice vote and ordered it to a third reading. On May 22, 2003 the Senate voted to pass it. The bill was enrolled on June 5, 2003 — the final check of the text before it goes to the governor. The governor signed it on June 12, 2003, making it Chapter 125 of the session laws. It took effect on August 11, 2003.
Sponsors
- Rep. John Hunt (R - Ches 28) (prime sponsor)
- Sen. Joseph Kenney (R - SD3)
Hearings and Sessions
- February 11, 2003, 10:00 AM: hearing, House Commerce, RM302,LOB
- March 7, 2003, 2:00 PM: subcommittee work session, House Commerce, RM302,LOB <Rep Fraser>
- May 13, 2003, 2:00 PM: hearing, Senate Banks, LOB 103
Votes
- May 22, 2003, Senate: Ought to Pass — voice vote, passed
The Docket
- January 9, 2003: Introduced and ref to Commerce
- February 11, 2003: Hearing Feb 11 10:00 RM302,LOB
- February 12, 2003: (Subcom: Reps Fraser, D Flanders, DeStefano & Kopka)
- March 7, 2003: Subcom Work Session Mar 7 2:00 RM302,LOB <Rep Fraser>
- March 18, 2003: Maj Report OTP for Mar 25 (Vote 19-0;CC)
- March 25, 2003: Passed; HJ29-pt 1, p822 + pt 2, p965
- April 24, 2003: Introduced and Ref. to Banks
- May 13, 2003: Hearing; May 13, 2003, Room 103, LOB, 2:00 p.m.; SC22
- May 15, 2003: Committee Report; Ought to Pass [05/22/03]; SC23
- May 22, 2003: Ought to Pass, MA, VV; OT3rdg
- May 22, 2003: Passed by 3rd Reading Resolution
- May 29, 2003: Enrolled
- June 5, 2003: Enrolled
- June 12, 2003: Signed by the Governor on 6/12/2003 Eff: 8/11/2003 Chap: 0125