HB 1126 (2006): relative to licenses for first mortgage bankers, brokers, pawnbrokers, and money lenders and relative to licensing of money transmitters.

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“HB 1126 (2006): relative to licenses for first mortgage bankers, brokers, pawnbrokers, and money lenders and relative to licensing of money transmitters.” Granite Record, https://graniterecord.org/bill/2006/hb1126. Accessed 24 Oct. 2026.
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Granite Record. (n.d.). HB 1126 (2006): relative to licenses for first mortgage bankers, brokers, pawnbrokers, and money lenders and relative to licensing of money transmitters. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/2006/hb1126
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Granite Record. “HB 1126 (2006): relative to licenses for first mortgage bankers, brokers, pawnbrokers, and money lenders and relative to licensing of money transmitters.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/2006/hb1126.
BibTeX
@misc{bill-2006-hb1126, title = {HB 1126 (2006): relative to licenses for first mortgage bankers, brokers, pawnbrokers, and money lenders and relative to licensing of money transmitters.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2006/hb1126}, note = {Accessed 24 Oct. 2026} }

HB 1126 (2006)

relative to licenses for first mortgage bankers, brokers, pawnbrokers, and money lenders and relative to licensing of money transmitters.

  • Status: Signed into law
  • Term: 2005-2006
  • House committee: Commerce
  • Senate committee: Banks and Insurance
  • Subject: Banking and Finance
  • Chapter law: 303

The Story

It was introduced on January 4, 2006 and referred to the House Commerce committee. The committee held a public hearing on January 26, 2006. The committee held a work session on February 14, 2006. The committee voted unanimously, 16–0, to recommend that the House pass it with changes (amendment 0997h), and the report was placed on the consent calendar. On March 7, 2006 the House voted to pass it with changes on a voice vote. It crossed to the Senate on March 22, 2006 and was referred to the Senate Banks and Insurance committee. The committee held a public hearing on April 18, 2006. The committee recommended that the Senate pass it with changes (amendment 1885). The committee's amendment (1885) was adopted on a voice vote on May 3, 2006, changing the text of the bill. A floor amendment (2110), offered by Sen. Flanders, was adopted on a voice vote on May 3, 2006, changing the text of the bill. On May 3, 2006 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. On May 3, 2006 the Senate voted to pass it. On May 11, 2006 the House voted to reject the other chamber's changes on a voice vote. On May 11, 2006 the Senate adopted “Sen. Flanders Accede to House Request for Committee of Conference” on a voice vote. A committee of conference met on May 17, 2006 to try to settle the differences between the two chambers' versions of the bill. On May 24, 2006 the Senate voted to pass it on a voice vote. On May 24, 2006 the House adopted “Conf Comm Rprt” on a voice vote. The bill was enrolled on May 24, 2006 — the final check of the text before it goes to the governor — and an enrolled bill amendment (2408) was adopted to correct technical errors found after passage. The governor signed it on June 19, 2006, making it Chapter 303 of the session laws. It took effect on August 18, 2006.

Sponsors

Hearings and Sessions

  • January 26, 2006, 2:00 PM: public hearing, RM302/LOB
  • February 14, 2006, 11:45 AM: subcommittee work session, RM 302/LOB
  • April 18, 2006, 11:15 AM: hearing, Senate Banks and Insurance, LOB 102
  • May 17, 2006, 2:30 PM: committee of conference, RM302/LOB

Votes

  • March 7, 2006, House: Ought to Pass with Amendment — voice vote, passed
  • May 3, 2006, Senate: Ought to Pass with Amendments — voice vote, passed
  • May 11, 2006, House: Nonconcur — voice vote, passed
  • May 11, 2006, Senate: Sen. Flanders Accede to House Request for Committee of Conference — voice vote, passed
  • May 24, 2006, Senate: Ought to Pass — voice vote, passed
  • May 24, 2006, House: Conf Comm Rprt — voice vote, passed

The Docket

  • January 4, 2006: Introduced and ref Commerce
  • January 26, 2006: Public Hearing Jan 26 2:00 RM302/LOB
  • February 14, 2006: Subcommittee Work Session Feb 14 11:45 RM 302/LOB
  • February 17, 2006: Comm Rprt: OTP/AM {0997h} for March 7 (vote 16-0;CC)
  • March 7, 2006: Passed with AM {0997h}, MA, VV
  • March 22, 2006: Introduced and Referred to Banks and Insurance
  • April 18, 2006: Hearing; April 18, 2006, Room 102, LOB, 11:15 a.m
  • April 19, 2006: Committee Report; Ought to Pass with Amendment{1885}(New Title) [05/03/06]; SC16, Pg.9-27
  • May 3, 2006: Committee Amendment{1885}(New Title), AA, VV
  • May 3, 2006: Sen. Flanders Floor Amendment{2110}, AA, VV
  • May 3, 2006: Ought to Pass with Amendments{1885}(New Title),{2110}, MA, VV; OT3rdg
  • May 3, 2006: Passed by Third Reading Resolution
  • May 11, 2006: House NON-Concurs with Senate AM, Request Comm of Conf, Rep. Sheila Francoeur,MA, VV
  • May 11, 2006: Speaker Appts, Reps. Sheila Francoeur, Charles Clark, Stepanek and Reardon
  • May 11, 2006: Sen. Flanders Accede to House Request for Committee of Conference, MA, VV
  • May 11, 2006: President Appoints; Senators Flanders, Roberge, Gottesman
  • May 17, 2006: Committee of Conference Meeting, May 17 2:30, RM302/LOB
  • May 17, 2006: Conferee Change; Senator Gallus Replaces Senator Roberge
  • May 22, 2006: Conference Committee Report; Senate Amendment + New Amendment (2310}, Filed
  • May 24, 2006: Conference Committee Report; Senate Amendment + New Amendment (2310},Adopted ,VV
  • May 24, 2006: Conf Comm Rprt Adopted, VV
  • May 24, 2006: Enrolled Bill Amendment{2408}, Adopted
  • May 24, 2006: Enrolled Bill Amendment{2408}; Adopted
  • May 24, 2006: Enrolled
  • May 24, 2006: Enrolled; [See Perm Journal]
  • June 19, 2006: Signed by the Governor, 6/19/06, Eff 8/18/06; Chapter 0303

Laws It Would Change

From the General Court