Trust Fund Interest for Purposes Approved by the Supreme Court; Authorizing financial institutions to hold funds in specified trust accounts to be used for specified purposes; requiring such financial institutions to pay a certain minimum interest rate or dividend; requiring that the interest rate be a specified percentage; requiring a financial institution to submit a quarterly rate validation sheet and affidavit to the Chief Financial Officer attesting that it will pay a minimum certain interest rate or dividend; requiring that the affidavit attest that certain information is true and factual, etc.
Died in Messages
Indefinitely postponed and withdrawn from consideration
CS passed as amended; YEAS 28 NAYS 10
Read 3rd time
Amendment(s) adopted (233904)
In Messages
Read 2nd time
Placed on Special Order Calendar, 04/23/25
Placed on Calendar, on 2nd reading
Pending reference review -under Rule 4.7(2) - (Committee Substitute)
CS/CS/CS by Rules read 1st time
CS/CS/CS by- Rules; YEAS 17 NAYS 7
On Committee agenda-- Rules, 04/08/25, 9:00 am, 412 Knott Building
CS/CS by Banking and Insurance read 1st time
Now in Rules
Pending reference review under Rule 4.7(2) - (Committee Substitute)
CS/CS by Banking and Insurance; YEAS 9 NAYS 1
On Committee agenda-- Banking and Insurance, 03/31/25, 1:30 pm, 412 Knott Building
Now in Banking and Insurance
Pending reference review under Rule 4.7(2) - (Committee Substitute)
CS by Judiciary read 1st time
CS by Judiciary; YEAS 9 NAYS 2
On Committee agenda-- Judiciary, 03/12/25, 8:30 am, 110 Senate Building
Introduced
Referred to Judiciary; Banking and Insurance; Rules
Filed
| Bill Text Versions | Format |
|---|---|
| S 498 Filed | PDF HTML |
| S 498 c1 | PDF HTML |
| S 498 c2 | PDF HTML |
| S 498 c3 | PDF HTML |
| S 498 e1 | PDF HTML |
| Document | Format |
|---|---|
| 233904 - Amendment to S 498 c3 | PDF HTML |
| 651292 - Substitute Amendment (Delete All) (263874) to S 498 Filed | PDF HTML |
| 263874 - Amendment (Delete All) to S 498 Filed | PDF HTML |
| Bill Analysis -- Rules (Post-Meeting) (4/10/2025 1:34 PM) | |
| Bill Analysis -- Rules (Pre-Meeting) (4/7/2025 7:14 AM) | |
| Bill Analysis -- Banking and Insurance (Post-Meeting) (4/2/2025 8:41 AM) | |
| Bill Analysis -- Banking and Insurance (Pre-Meeting) (3/28/2025 1:23 PM) | |
| Bill Analysis -- Judiciary (Post-Meeting) (3/12/2025 2:44 PM) | |
| Bill Analysis -- Judiciary (Pre-Meeting) (3/11/2025 7:46 AM) |
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