H 1281
An Act relative to the uniform special deposit
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- Passed Senate
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Bill overview
This bill, H.1281, aimed to establish uniform standards for ‘special deposits’ held by banks in Massachusetts. It sought to clarify the rules surrounding these deposits, particularly concerning their treatment during bank mergers or acquisitions. The bill was ultimately unsuccessful and failed to pass the legislature. It was referred to the Financial Services committee and then concurred by the Senate.
Sponsors
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Primary sponsor
Alice Hanlon Peisch
Cosponsor
Alice Hanlon Peisch
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Bill H.1281 194th (Current)
An Act relative to the uniform special deposit
By Representative Peisch of Wellesley, a petition (accompanied by bill, House, No. 1281) of Alice Hanlon Peisch relative to uniform special deposits. Financial Services.
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Bill Information
Bill Information
Presenter: Alice Hanlon Peisch
Tabs
Bill History Petitioners Hearing Attendance
Bill History
Displaying 6 actions for Bill H.1281
| Date | Branch | Action |
| 2/27/2025 | House | Referred to the committee on Financial Services |
| 2/27/2025 | Senate | Senate concurred |
| 10/21/2025 | Joint | Hearing scheduled for 10/30/2025 from 10:30 AM-01:00 PM in A-2 |
| 10/30/2025 | Joint | Hearing rescheduled to 10/30/2025 from 10:30 AM-04:00 PM in A-2 Hearing updated to New End Time |
| 10/30/2025 | Joint | Hearing rescheduled to 10/30/2025 from 10:30 AM-02:00 PM in A-2 Hearing updated to New End Time |
| 1/15/2026 | House | Accompanied a study order, see H4931 |
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