SB 500-FN (2004): relative to certain procedures of financial institutions.

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@misc{bill-2004-sb500, title = {SB 500-FN (2004): relative to certain procedures of financial institutions.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2004/sb500}, note = {Accessed 24 Oct. 2026} }

SB 500-FN (2004)

relative to certain procedures of financial institutions.

  • Status: Signed into law
  • Term: 2003-2004
  • House committee: Commerce
  • Senate committee: Banks
  • Subject: Miscellaneous
  • Chapter law: 231

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 0107). The committee's amendment (0107) 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 adopted “Sen. Flanders Non Concur Request Committee of Conference” on a voice vote. On May 13, 2004 the House adopted “House Acceded to req for Conf Comm” on a voice vote. A committee of conference met on May 17, 2004 to try to settle the differences between the two chambers' versions of the bill. On May 25, 2004 the House adopted “Conf Comm Report”. On May 25, 2004 the Senate adopted “Conference Committee Report” on a voice vote. 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 231 of the session laws. It took effect on June 11, 2004.

Sponsors

Hearings and Sessions

  • January 13, 2004, 1:45 PM: hearing, Senate Banks, LOB 103
  • March 23, 2004, 2:00 PM: hearing, House Commerce, RM302,LOB
  • April 1, 2004, 9:30 AM: subcommittee work session, House Commerce, RM302-304,LOB
  • April 6, 2004, 9:45 AM: subcommittee work session, House Commerce, RM302,LOB
  • May 17, 2004, 9:00 AM: committee of conference, LOB 101

Votes

  • January 22, 2004, Senate: Ought to Pass with Amendment — voice vote, passed
  • May 6, 2004, Senate: Sen. Flanders Non Concur Request Committee of Conference — voice vote, passed
  • May 13, 2004, House: House Acceded to req for Conf Comm — voice vote, passed
  • May 25, 2004, Senate: Conference Committee Report — voice vote, passed

The Docket

  • January 7, 2004: Introduced and Referred to Banks
  • January 13, 2004: Hearing; January 13, 2004, Room 103, LOB, 1:45 p.m.; SC2
  • January 15, 2004: Committee Report; Ought to Pass with Amendment{0107}, [01/22/04]; SC3, Pg.8-12
  • January 22, 2004: Committee Amendment{0107}, AA, VV
  • January 22, 2004: Ought to Pass as Amended{0107}, 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 2:00 RM302,LOB
  • April 1, 2004: Subcommittee Work Session Apr 1 9:30 RM302-304,LOB
  • April 1, 2004: (Subcom: Reps Spiess, Stepanek & Meader)
  • April 6, 2004: Subcommittee Work Session Apr 6 9:45 RM302,LOB
  • April 13, 2004: Maj Report OTP/AM for Apr 22 (vote 11-0;CC)
  • April 13, 2004: Prop Comm Am{1007}
  • April 22, 2004: Passed with Am
  • May 6, 2004: Sen. Flanders Non Concur Request Committee of Conference, MA, VV
  • May 6, 2004: President Appoints; Senators Flanders, Odell, Foster
  • May 13, 2004: House Acceded to req for Conf Comm, Rep Hunt MA VV
  • May 13, 2004: (Speaker appts Reps: Hunt, Spiess, Meader & Stepanek)
  • May 17, 2004: Committee of Conference Meeting; May 17, 2004, Room 101, LOB, 9:00 a.m
  • May 19, 2004: Conf Comm Report (House Am + New Am{1591}) Filed
  • May 25, 2004: Conf Comm Report Adopted
  • May 25, 2004: Conference Committee Report{1591}, Adopted, VV
  • May 25, 2004: Enrolled
  • May 25, 2004: Enrolled <6/4/04>
  • June 11, 2004: Signed by the Governor on 06/11/04; Eff. 06/11/04; Chapter 0231
  • June 15, 2004: Section 16-18 Contingent to Section 19; Chapter 0231

Laws It Would Change

From the General Court