SB 149 (2019): relative to voluntary application of the uniform prudent management of institutional funds act to certain charitable trusts.

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BibTeX
@misc{bill-2019-sb149, title = {SB 149 (2019): relative to voluntary application of the uniform prudent management of institutional funds act to certain charitable trusts.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2019/sb149}, note = {Accessed 24 Oct. 2026} }

SB 149 (2019)

relative to voluntary application of the uniform prudent management of institutional funds act to certain charitable trusts.

  • Status: Signed into law
  • Term: 2019-2020
  • House committee: Commerce and Consumer Affairs
  • Senate committee: Commerce
  • Subject: Miscellaneous
  • Chapter law: 198

The Story

It was introduced on January 3, 2019 and referred to the Senate Commerce committee. The committee held a public hearing on February 12, 2019. The committee recommended that the Senate pass it. On February 21, 2019 the Senate voted to pass it on a voice vote and ordered it to a third reading. It crossed to the House on March 20, 2019 and was referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on April 2, 2019. The committee held a work session on April 10, 2019. The committee met in executive session on April 18, 2019 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 May 8, 2019 the House voted to pass it on a voice vote. On May 8, 2019 the bill was referred to the Judiciary committee. The committee held a work session on May 14, 2019. The committee met in executive session on May 28, 2019 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 June 5, 2019 the House voted to pass it on a voice vote. The bill was enrolled on June 13, 2019 — the final check of the text before it goes to the governor. The governor signed it on July 10, 2019, making it Chapter 198 of the session laws. It took effect on September 8, 2019.

Sponsors

Hearings and Sessions

  • February 12, 2019, 2:15 PM: hearing, Senate Commerce, SH 100
  • April 2, 2019, 1:00 PM: public hearing, House Commerce and Consumer Affairs, LOB 302
  • April 10, 2019, 10:00 AM: full committee work session, House Commerce and Consumer Affairs, LOB 302
  • April 18, 2019, 1:00 PM: executive session, House Commerce and Consumer Affairs, LOB 302
  • May 14, 2019, 11:30 AM: full committee work session, House Judiciary, LOB 208
  • May 28, 2019, 10:00 AM: executive session, House Judiciary, LOB 208

Votes

  • February 21, 2019, Senate: Ought to Pass — voice vote, passed
  • May 8, 2019, House: Ought to Pass — voice vote, passed
  • June 5, 2019, House: Ought to Pass — voice vote, passed

The Docket

  • January 3, 2019: Introduced 01/03/2019 and Referred to Commerce
  • February 12, 2019: Hearing: 02/12/2019, Room 100, SH, 02:15 pm
  • February 21, 2019: Committee Report: Ought to Pass, 02/21/2019
  • February 21, 2019: Ought to Pass : MA, VV; OT3rdg; 02/21/2019
  • March 20, 2019: Introduced 03/20/2019 and referred to Commerce and Consumer Affairs
  • April 2, 2019: Public Hearing: 04/02/2019 01:00 pm LOB 302
  • April 10, 2019: Full Committee Work Session: 04/10/2019 10:00 am LOB 302
  • April 17, 2019: ==CANCELLED== Executive Session: 04/17/2019 10:00 am LOB 302
  • April 18, 2019: Executive Session: 04/18/2019 01:00 pm LOB 302
  • May 8, 2019: Committee Report: Ought to Pass for 05/08/2019 (Vote 18-0; CC)
  • May 8, 2019: Ought to Pass : MA VV 05/08/2019
  • May 8, 2019: Referred to Judiciary 05/08/2019
  • May 14, 2019: Full Committee Work Session: 05/14/2019 11:30 am LOB 208
  • May 28, 2019: Executive Session: 05/28/2019 10:00 am LOB 208
  • June 5, 2019: Committee Report: Ought to Pass for 06/05/2019 (Vote 18-0; CC)
  • June 5, 2019: Ought to Pass : MA VV 06/05/2019
  • June 13, 2019: Enrolled 06/13/2019
  • June 13, 2019: Enrolled (In recess 06/13/2019)
  • July 10, 2019: Signed by the Governor on 07/10/2019; Chapter 198; Effective 09/08/2019

Laws It Would Change

From the General Court