SB 314 (2010): relative to the investment of public funds and relative to the payment of costs for certain bank services.
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@misc{bill-2010-sb314, title = {SB 314 (2010): relative to the investment of public funds and relative to the payment of costs for certain bank services.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2010/sb314}, note = {Accessed 24 Oct. 2026} }
SB 314 (2010)
relative to the investment of public funds and relative to the payment of costs for certain bank services.
- Status: Signed into law
- Term: 2009-2010
- House committee: Commerce and Consumer Affairs
- Senate committee: Commerce, Labor and Consumer Protection
- Subject: Banking and Finance
- Chapter law: 7
The Story
It was introduced on January 6, 2010 and referred to the Senate Commerce, Labor and Consumer Protection committee. The committee held a public hearing on March 4, 2010. The committee recommended that the Senate pass it with changes. The committee's amendment (0914s) was adopted on a voice vote on March 10, 2010, changing the text of the bill. On March 10, 2010 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 17, 2010 and was referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on April 6, 2010. The committee held a work session on April 13, 2010. The committee met in executive session on April 13, 2010 to vote on its recommendation. The committee voted unanimously, 18–0, to recommend that the House pass it, and the report was placed on the consent calendar. On April 21, 2010 the House voted to pass it on a voice vote. The bill was enrolled on April 21, 2010 — the final check of the text before it goes to the governor — and an enrolled bill amendment (1548) was adopted to correct technical errors found after passage. The bill was enrolled on April 28, 2010 — the final check of the text before it goes to the governor. The governor signed it on May 4, 2010, making it Chapter 7 of the session laws.
Sponsors
- Sen. Matthew Houde (D - SD5) (prime sponsor)
- Rep. Mary Cooney (D - Graf 7)
Hearings and Sessions
- March 4, 2010, 1:30 PM: hearing, Senate Commerce, Labor and Consumer Protection, LOB 102
- April 6, 2010, 10:00 AM: public hearing, House Commerce and Consumer Affairs, LOB 302
- April 13, 2010, 9:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
- April 13, 2010, 10:00 AM: executive session, House Commerce and Consumer Affairs, LOB 302
Votes
- March 10, 2010, Senate: Ought to Pass with Amendment 0914s, NT — voice vote, passed
- April 21, 2010, House: Ought to Pass — voice vote, passed
The Docket
- January 6, 2010: Introduced 1/6/2010 and Referred to Commerce, Labor and Consumer Protection Committee
- March 4, 2010: Hearing: March 4, 2010, Room 102, LOB, 1:30 p.m.; SC9
- March 4, 2010: Committee Report: Ought to Pass with Amendment 0914s, NT, 3/10/10; SC10, Pg.6
- March 10, 2010: Committee Amendment 0914s, NT, AA, VV
- March 10, 2010: Ought to Pass with Amendment 0914s, NT, MA, VV; OT3rdg
- March 10, 2010: Passed by Third Reading Resolution
- March 17, 2010: Introduced and Referred to Commerce and Consumer Affairs
- April 6, 2010: Public Hearing: 4/6/2010 10:00 AM LOB 302
- April 13, 2010: Subcommittee Work Session: 4/13/2010 9:00 AM LOB 302
- April 13, 2010: Executive Session: 4/13/2010 10:00 AM LOB 302
- April 14, 2010: Committee Report: Ought to Pass for April 21 (Vote 18-0; CC)
- April 21, 2010: Ought to Pass: MA VV
- April 21, 2010: Enrolled Bill Amendment #1548 Adopted
- April 21, 2010: Enrolled Bill Amendment #1548 Adopted
- April 21, 2010: Enrolled
- April 28, 2010: Enrolled
- May 4, 2010: Signed by the Governor on 05/4/2010; Effective 07/3/2010; Chapter 0007