SB 138 (2021): relative to the definition of an "investment metal contract".

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“SB 138 (2021): relative to the definition of an "investment metal contract."” Granite Record, https://graniterecord.org/bill/2021/sb138. Accessed 24 Oct. 2026.
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Granite Record. (n.d.). SB 138 (2021): relative to the definition of an "investment metal contract". Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/2021/sb138
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Granite Record. “SB 138 (2021): relative to the definition of an "investment metal contract."” Accessed 24 Oct. 2026. https://graniterecord.org/bill/2021/sb138.
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@misc{bill-2021-sb138, title = {SB 138 (2021): relative to the definition of an "investment metal contract."}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2021/sb138}, note = {Accessed 24 Oct. 2026} }

SB 138 (2021)

relative to the definition of an "investment metal contract".

  • Status: Signed into law
  • Term: 2021-2022
  • House committee: Commerce and Consumer Affairs
  • Senate committee: Commerce
  • Subject: Banking and Finance
  • Chapter law: 120

The Story

It was introduced on January 6, 2021 and referred to the Senate Commerce committee. The committee voted unanimously, 5–0, to recommend that the Senate pass it with changes (amendment 2021-0979s), and the report was placed on the consent calendar. The committee's amendment (2021-0979s) was adopted on a roll call 23–1 on April 1, 2021, changing the text of the bill. A floor amendment (2021-1061s), offered by Sen. Sherman, was rejected on a roll call 7–17 on April 1, 2021. On April 1, 2021 the Senate voted to pass it with changes and ordered it to a third reading. It crossed to the House on April 9, 2021 and was referred to the House Commerce and Consumer Affairs committee. The committee met in executive session on May 13, 2021 to vote on its recommendation. The committee voted unanimously, 19–0, to recommend that the House pass it, and the report was placed on the consent calendar. On June 3, 2021 the House voted to pass it on a voice vote. The bill was enrolled on June 24, 2021 — the final check of the text before it goes to the governor. The governor signed it on July 9, 2021, making it Chapter 120 of the session laws. It took effect on January 1, 2022.

Sponsors

Hearings and Sessions

  • March 16, 2021, 9:00 AM: hearing, Senate Commerce
  • April 27, 2021, 10:00 AM: public hearing, House Commerce and Consumer Affairs
  • May 13, 2021, 10:00 AM: executive session, House Commerce and Consumer Affairs

Votes

  • April 1, 2021, Senate: Committee Amendment 0979s — yeas 23, nays 1, passed
  • April 1, 2021, Senate: Floor Amendment 1061s — yeas 7, nays 17, failed
  • April 1, 2021, Senate: Ought to Pass with Amendment — yeas 24, nays 0, passed
  • June 3, 2021, House: Ought to Pass — voice vote, passed

The Docket

  • January 6, 2021: Introduced 01/06/2021 and Referred to Commerce
  • March 9, 2021: Remote Hearing: 03/16/2021, 09:00 am; Links to join the hearing can be found in the Senate Calendar
  • March 9, 2021: Remote Hearing: 03/16/2021, 09:15 am, on proposed amendment #2021-0543s ; Links to join the hearing can be found in the Senate Calendar
  • April 1, 2021: Committee Report: Ought to Pass with Amendment #2021-0979s , 04/01/2021; Vote 5-0; CC
  • April 1, 2021: Sen. Sherman Moved to Remove SB 138 from the Consent Calendar; 04/01/2021
  • April 1, 2021: Committee Amendment #2021-0979s , RC 23Y-1N, AA; 04/01/2021
  • April 1, 2021: Sen. Sherman Floor Amendment #2021-1061s , RC 7Y-17N, AF; 04/01/2021
  • April 1, 2021: Ought to Pass with Amendment 2021-0979s, RC 24Y-0N, MA; OT3rdg; 04/01/2021
  • April 9, 2021: Introduced (in recess of) 04/09/2021 and referred to Commerce and Consumer Affairs
  • April 27, 2021: Public Hearing: 04/27/2021 10:00 am Members of the public may attend using the following link: To join the webinar: https://www.zoom.us/j/96624100489 / Executive session on pending legislation may be held throughout the day (time permitting) from the time the committee is initially convened
  • May 13, 2021: Executive Session: 05/13/2021 10:00 am Members of the public may attend using the following link: To join the webinar: https://www.zoom.us/j/93883325643
  • May 26, 2021: Committee Report: Ought to Pass (Vote 19-0; CC)
  • June 3, 2021: Ought to Pass : MA VV 06/03/2021
  • June 24, 2021: Enrolled (in recess of) 06/24/2021
  • June 24, 2021: Enrolled Adopted, VV, (In recess 06/24/2021)
  • July 9, 2021: Signed by the Governor on 07/09/2021; Chapter 0120; Effective 01/01/2022

Laws It Would Change

From the General Court