HB 1495 (2026): allowing a reimbursement anticipation note to be used as collateral in certain circumstances.

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“HB 1495 (2026): allowing a reimbursement anticipation note to be used as collateral in certain circumstances.” Granite Record, https://graniterecord.org/bill/2026/hb1495. Accessed 19 Oct. 2026.
APA
Granite Record. (n.d.). HB 1495 (2026): allowing a reimbursement anticipation note to be used as collateral in certain circumstances. Retrieved 19 Oct. 2026, from https://graniterecord.org/bill/2026/hb1495
Chicago
Granite Record. “HB 1495 (2026): allowing a reimbursement anticipation note to be used as collateral in certain circumstances.” Accessed 19 Oct. 2026. https://graniterecord.org/bill/2026/hb1495.
BibTeX
@misc{bill-2026-hb1495, title = {HB 1495 (2026): allowing a reimbursement anticipation note to be used as collateral in certain circumstances.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2026/hb1495}, note = {Accessed 19 Oct. 2026} }

HB 1495 (2026)

allowing a reimbursement anticipation note to be used as collateral in certain circumstances.

  • Status: Signed into law
  • Term: 2025-2026
  • House committee: Education Funding
  • Senate committee: Education Finance
  • Subject: Education - General
  • Chapter law: 133

The Story

It was introduced on January 7, 2026 and referred to the House Education Funding committee. The committee held a public hearing on January 27, 2026, with 6 people signed in online: 3 in support and 3 in opposition. The committee met in executive session on February 17, 2026 to vote on its recommendation. The majority recommended that the House pass it, and the minority recommended that the House kill it, by a vote of 10–8. The report was placed on the regular calendar. On March 5, 2026 the House voted to pass it on a roll call 185–162. It crossed to the Senate on March 5, 2026 and was referred to the Senate Education Finance committee. The committee held a public hearing on April 1, 2026. The committee voted unanimously, 4–0, to recommend that the Senate pass it, and the report was placed on the consent calendar. On April 23, 2026 the Senate voted to pass it on a voice vote and ordered it to a third reading. The bill was enrolled on May 21, 2026 — the final check of the text before it goes to the governor. The governor signed it on June 12, 2026, making it Chapter 133 of the session laws.

Sponsors

Hearings and Sessions

  • January 27, 2026, 10:00 AM: public hearing, House Education Funding, GP 234
  • February 17, 2026, 10:00 AM: executive session, House Education Funding, GP 232
  • March 5, 2026: floor debate, House
  • April 1, 2026, 1:10 PM: hearing, Senate Education Finance, SH 100
  • April 23, 2026: consent calendar, Senate

Votes

  • March 5, 2026, House: Ought to Pass — yeas 185, nays 162, passed
  • April 23, 2026, Senate: Ought to Pass — voice vote, passed

The Docket

  • January 7, 2026: Introduced 01/07/2026 and referred to Education Funding
  • January 27, 2026: Public Hearing: 01/27/2026 10:00 am GP 234
  • February 17, 2026: Executive Session: 02/17/2026 10:00 am GP 232
  • February 17, 2026: Majority Committee Report: Ought to Pass 02/17/2026 (Vote 10-8; RC)
  • February 20, 2026: Minority Committee Report: Inexpedient to Legislate
  • March 5, 2026: Ought to Pass: MA RC 185-162 03/05/2026
  • March 5, 2026: Introduced 03/05/2026 and Referred to Education Finance
  • March 18, 2026: ==CANCELLED== Hearing: 03/18/2026, Room 100, SH, 01:00 pm
  • April 1, 2026: Hearing: 04/01/2026, Room 100, SH, 01:10 pm
  • April 23, 2026: Committee Report: Ought to Pass, 04/23/2026; Vote 4-0; CC
  • April 23, 2026: Ought to Pass: MA, VV; OT3rdg; 04/23/2026
  • May 21, 2026: Enrolled (in recess of) 05/21/2026
  • May 21, 2026: Enrolled Adopted, VV, (In recess 05/21/2026)
  • June 12, 2026: Signed by Governor Ayotte 06/12/2026; Chapter 133; eff. 06/12/2026

Laws It Would Change

From the General Court