SB 439 (2008): relative to money transmitters and mortgage servicing companies.

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“SB 439 (2008): relative to money transmitters and mortgage servicing companies.” Granite Record, https://graniterecord.org/bill/2008/sb439. Accessed 24 Oct. 2026.
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@misc{bill-2008-sb439, title = {SB 439 (2008): relative to money transmitters and mortgage servicing companies.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2008/sb439}, note = {Accessed 24 Oct. 2026} }

SB 439 (2008)

relative to money transmitters and mortgage servicing companies.

  • Status: Signed into law
  • Term: 2007-2008
  • House committee: Commerce
  • Senate committee: Commerce, Labor and Consumer Protection
  • Subject: Banking and Finance
  • Chapter law: 372

The Story

It was introduced on January 2, 2008 and referred to the Senate Commerce, Labor and Consumer Protection committee. The committee held a public hearing on January 29, 2008. The committee's amendment (0561) was adopted on a voice vote on February 14, 2008, changing the text of the bill. On February 14, 2008 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 March 12, 2008 and was referred to the House Commerce committee. The committee held a public hearing on March 27, 2008. The committee held a work session on April 8, 2008. The committee met in executive session on April 9, 2008 to vote on its recommendation. The committee voted 14–1 to recommend that the House pass it with changes (amendment 1287h). The committee's amendment (1287h) was adopted on a voice vote on April 16, 2008, changing the text of the bill. On April 16, 2008 the House voted to pass it with changes on a voice vote. On April 16, 2008 the bill was referred to the Ways and Means committee. The committee held a public hearing on April 22, 2008. The committee met in executive session on April 29, 2008 to vote on its recommendation. The committee voted unanimously, 15–0, to recommend that the House pass it. On May 7, 2008 the House voted to pass it on a voice vote. On May 21, 2008 the Senate voted to agree to the other chamber's changes on a voice vote, on a motion by Sen. Gottesman. An enrolled bill amendment (2117) was adopted on June 4, 2008. These correct technical errors found after passage. The bill was enrolled on June 5, 2008 — the final check of the text before it goes to the governor — and an enrolled bill amendment (2117) was adopted to correct technical errors found after passage. The bill was enrolled on June 20, 2008 — the final check of the text before it goes to the governor. The governor signed it on July 16, 2008, making it Chapter 372 of the session laws.

Sponsors

Hearings and Sessions

  • January 29, 2008, 10:15 AM: hearing, Senate Commerce, Labor and Consumer Protection, LOB 102
  • March 27, 2008, 11:15 AM: public hearing, House Commerce, LOB 302
  • April 8, 2008, 9:00 AM: subcommittee work session, House Commerce, LOB 302
  • April 9, 2008, 1:00 PM: executive session, House Commerce, LOB 302
  • April 22, 2008, 1:30 PM: public hearing, House Ways and Means, LOB 202
  • April 29, 2008, 1:30 PM: executive session, House Ways and Means, LOB 202

Votes

  • February 14, 2008, Senate: Ought to Pass with Amendment{0561} — voice vote, passed
  • April 16, 2008, House: Ought to Pass with Amendment #1287h — voice vote, passed
  • May 7, 2008, House: Ought to Pass — voice vote, passed
  • May 21, 2008, Senate: Concur with House Amendment{1287} — voice vote, passed

The Docket

  • January 2, 2008: Introduced and Referred to Commerce, Labor and Consumer Protection
  • January 29, 2008: Hearing; === CANCELLED === January 29, 2008, Room 102, LOB, 10:25 a.m.; SC3
  • January 29, 2008: Hearing; TIME CHANGE === January 29, 2008, Room 102, LOB, 10:15 a.m
  • January 29, 2008: Hearing; January 29, 2008, Room 100, State House, 10:15 a.m.; SC4
  • February 12, 2008: Committe Report; Ought to Pass with Amendment{0561} [02/14/08]; SC6-A, Pg.2
  • February 14, 2008: Sen. Larsen Without Objection Moved Commerce, Labor and Consumer Protection to after Election Law and Internal Affairs
  • February 14, 2008: Committee Amendment{0561}, AA, VV
  • February 14, 2008: Ought to Pass with Amendment{0561}, MA, VV; OT3rdg
  • February 14, 2008: Passed by Third Reading Resolution
  • March 12, 2008: Introduced and referred to Commerce
  • March 27, 2008: Public Hearing: 3/27/2008 11:15 AM LOB 302
  • April 8, 2008: Subcommittee Work Session: 4/8/2008 9:00 AM LOB 302
  • April 9, 2008: Executive Session: 4/9/2008 1:00 PM LOB 302
  • April 9, 2008: Committee Report: Ought to Pass with Amendment #1287h for April 16 CC (vote 14-1)
  • April 9, 2008: Proposed Committee Amendment #1287h
  • April 16, 2008: Amendment #1287h Adopted, VV
  • April 16, 2008: Ought to Pass with Amendment #1287h: MA VV
  • April 16, 2008: Referred to Ways and Means
  • April 22, 2008: Public Hearing: 4/22/2008 1:30 PM LOB 202
  • April 29, 2008: Executive Session: 4/29/2008 1:30 PM LOB 202
  • April 30, 2008: Committee Report: Ought to Pass for May 7 CC (vote 15-0)
  • May 7, 2008: Ought to Pass: MA VV
  • May 21, 2008: Sen. Gottesman Moved Concur with House Amendment{1287}, MA, VV
  • June 4, 2008: Enrolled Bill Amendment #2117 Adopted
  • June 5, 2008: Enrolled Bill Amendment{2117}, Adopted
  • June 5, 2008: Enrolled
  • June 20, 2008: Enrolled [6/4/2008]
  • July 16, 2008: Signed by the Governor On 07/11/08; Eff. Date 01/01/09, Chapter 0372

Laws It Would Change

From the General Court