SB 498-FN (2004): relative to the regulation of debt adjustment services.
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@misc{bill-2004-sb498, title = {SB 498-FN (2004): relative to the regulation of debt adjustment services.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2004/sb498}, note = {Accessed 24 Oct. 2026} }
SB 498-FN (2004)
relative to the regulation of debt adjustment services.
- Status: Signed into law
- Term: 2003-2004
- House committee: Commerce
- Senate committee: Banks
- Subject: Miscellaneous
- Chapter law: 230
The Story
It was introduced on January 7, 2004 and referred to the Senate Banks committee. The committee held a public hearing on January 13, 2004. The committee recommended that the Senate pass it with changes (amendment 0104). The committee's amendment (0104) was adopted on a voice vote on January 22, 2004, changing the text of the bill. On January 22, 2004 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. On January 22, 2004 the Senate voted to pass it. It crossed to the House on January 22, 2004 and was referred to the House Commerce committee. The committee held a public hearing on March 23, 2004. The committee held work sessions on April 1, 2004 and April 6, 2004. The majority of the committee recommended that the House pass it with changes unanimously, 11–0, and the report was placed on the consent calendar. On April 22, 2004 the House voted to pass it with changes. On May 6, 2004 the Senate voted to agree to the other chamber's changes on a voice vote, on a motion by Sen. Flanders. The bill was enrolled on May 13, 2004 — the final check of the text before it goes to the governor — and an enrolled bill amendment (1602) was adopted to correct technical errors found after passage. The bill was enrolled on May 25, 2004 — the final check of the text before it goes to the governor. The governor signed it on June 11, 2004, making it Chapter 230 of the session laws. It took effect on September 9, 2004.
Sponsors
- Sen. Robert Flanders (R - SD7) (prime sponsor)
- Rep. John Hunt (R - Ches 28)
Hearings and Sessions
- January 13, 2004, 1:15 PM: hearing, Senate Banks, LOB 103
- March 23, 2004, 1:15 PM: hearing, House Commerce, RM302,LOB
- April 1, 2004, 9:00 AM: subcommittee work session, House Commerce, RM302-304,LOB
- April 6, 2004, 9:30 AM: subcommittee work session, House Commerce, RM302,LOB
Votes
- January 22, 2004, Senate: Ought to Pass with Amendment — voice vote, passed
- May 6, 2004, Senate: Concur with House Amendment — voice vote, passed
The Docket
- January 7, 2004: Introduced and Referred to Banks
- January 13, 2004: Hearing; January 13, 2004, Room 103, LOB, 1:15 p.m.; SC2
- January 15, 2004: Committee Report; Ought to Pass with Amendment{0104}, [01/22/04]; SC3, Pg.6-8
- January 22, 2004: Committee Amendment{0104}, AA, VV
- January 22, 2004: Ought to Pass as Amended{0104}, MA, VV; OT3rdg
- January 22, 2004: Passed by 3rd Reading Resolution
- January 22, 2004: Introduced and ref to Commerce
- March 23, 2004: Hearing Mar 23 1:15 RM302,LOB
- April 1, 2004: Subcommittee Work Session Apr 1 9:00 RM302-304,LOB
- April 1, 2004: (Subcom: Reps Spiess, Stepanek & Meader)
- April 6, 2004: Subcommittee Work Session Apr 6 9:30 RM302,LOB
- April 13, 2004: Maj Report OTP/AM for Apr 22 (vote 11-0;CC)
- April 13, 2004: Prop Comm Am{1046}
- April 22, 2004: Passed with Am
- May 6, 2004: Sen. Flanders Moved to Concur with House Amendment, MA, VV
- May 13, 2004: Enrolled Am{1602}, Adopted
- May 25, 2004: Enrolled Bill Amendment{1602}, Adopted
- May 25, 2004: Enrolled
- May 25, 2004: Enrolled <6/4/04>
- June 11, 2004: Signed by the Governor on 06/11/04; Eff. 09/09/04; Chapter 0230