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IntroducedFeb 05, 2025
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Passed Senate
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Passed House
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Signed into Law
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 at least 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.
Last Action See all actions
Senate • Apr 10, 2025: Placed on Calendar, on 2nd reading
Latest Bill Text See all bill texts
Summary/Bill Text
Comments on SB 498
Tweets
Whip Lists
Sponsors
- Rulesprimary
- Banking and Insuranceprimary
- Judiciaryprimary
- Grallprimary
Votes
Actions
- Apr 10, 2025 | Senate
- Placed on Calendar, on 2nd reading
- Apr 09, 2025 | Senate
- Pending reference review -under Rule 4.7(2) - (Committee Substitute)
- CS/CS/CS by Rules read 1st time
- Apr 08, 2025 | Senate
- CS/CS/CS by- Rules; YEAS 17 NAYS 7
- Apr 03, 2025 | Senate
- On Committee agenda-- Rules, 04/08/25, 9:00 am, 412 Knott Building
- Apr 02, 2025 | Senate
- Pending reference review under Rule 4.7(2) - (Committee Substitute)
- Now in Rules
- CS/CS by Banking and Insurance read 1st time
- Mar 31, 2025 | Senate
- CS/CS by Banking and Insurance; YEAS 9 NAYS 1
- Mar 26, 2025 | Senate
- On Committee agenda-- Banking and Insurance, 03/31/25, 1:30 pm, 412 Knott Building
- Mar 13, 2025 | Senate
- Now in Banking and Insurance
- Mar 12, 2025 | Senate
- CS by Judiciary; YEAS 9 NAYS 2
- Pending reference review under Rule 4.7(2) - (Committee Substitute)
- CS by Judiciary read 1st time
- Mar 07, 2025 | Senate
- On Committee agenda-- Judiciary, 03/12/25, 8:30 am, 110 Senate Building
- Mar 04, 2025 | Senate
- Introduced
- Feb 20, 2025 | Senate
- Referred to Judiciary; Banking and Insurance; Rules
- Feb 05, 2025 | Senate
- Filed
Bill Texts
- S 498 FiledHTML
- S 498 c1HTML
- S 498 c2HTML
- S 498 c3HTML
- Committee Amendment 263874 (Replaced by Substitute Amendment 3/12/2025) -- Judiciary (Grall)PDF
- Committee Substitute Amendment 651292 (Replaced by Committee Substitute 3/12/2025) -- Judiciary (Grall)PDF
- Committee Amendment 496408 (Replaced by Committee Substitute 4/1/2025) -- Banking and Insurance (Grall)PDF
- Committee Amendment 869322 (Replaced by Substitute Amendment 4/8/2025) -- Rules (Grall)PDF
- Committee Substitute Amendment 690360 (Replaced by Committee Substitute 4/8/2025) -- Rules (Grall)PDF
Documents
- Bill Analysis -- Judiciary (Pre-Meeting) (3/11/2025 7:46 AM)
- Bill Analysis -- Judiciary (Post-Meeting) (3/12/2025 2:44 PM)
- Bill Analysis -- Banking and Insurance (Pre-Meeting) (3/28/2025 1:23 PM)
- Bill Analysis -- Banking and Insurance (Post-Meeting) (4/2/2025 8:41 AM)
- Bill Analysis -- Rules (Pre-Meeting) (4/7/2025 7:14 AM)
- Bill Analysis -- Rules (Post-Meeting) (4/10/2025 1:34 PM)
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