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CS/CS/SB 556: Protection of Specified Adults

GENERAL BILL by Rules ; Banking and Insurance ; Rouson ; (CO-INTRODUCERS) Book

Protection of Specified Adults; Authorizing financial institutions, under certain circumstances, to delay a disbursement or transaction from an account of a specified adult; specifying that a delay on a disbursement or transaction expires on a certain date; authorizing the financial institution to extend the delay under certain circumstances; authorizing a court of competent jurisdiction to shorten or extend the delay, etc.

Effective Date: 1/1/2025
Last Action: 3/7/2024 Senate - Ordered enrolled
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Children, Families, and Elder Affairs (CF)
  3. Rules (RC)



Bill History

Date Chamber Action
11/21/2023 Senate • Filed
12/5/2023 Senate • Referred to Banking and Insurance; Children, Families, and Elder Affairs; Rules
1/9/2024 Senate • Introduced
1/11/2024 Senate • On Committee agenda-- Banking and Insurance, 01/16/24, 11:00 am, 412 Knott Building
1/16/2024 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0
1/18/2024 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Children, Families, and Elder Affairs
• CS by Banking and Insurance read 1st time
1/25/2024 Senate • On Committee agenda-- Children, Families, and Elder Affairs, 01/30/24, 1:00 pm, 37 Senate Building
1/30/2024 Senate • Favorable by Children, Families, and Elder Affairs; YEAS 7 NAYS 0
• Now in Rules
2/21/2024 Senate • On Committee agenda-- Rules, 02/26/24, 2:00 pm, 412 Knott Building
2/26/2024 Senate • CS/CS by- Rules; YEAS 18 NAYS 0
2/27/2024 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
2/28/2024 Senate • Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 02/29/24
• CS/CS by Rules read 1st time
2/29/2024 Senate • Read 2nd time -SJ 534
• Read 3rd time -SJ 534
• CS passed; YEAS 34 NAYS 0 -SJ 534
2/29/2024 House • In Messages
3/4/2024 House • Bill referred to House Calendar
• Bill added to Special Order Calendar (3/5/2024)
• 1st Reading (Committee Substitute 2)
3/5/2024 House • Temporarily postponed, on 2nd Reading
• Read 2nd time
• Amendment 249405 adopted
• Placed on 3rd reading
• Added to Third Reading Calendar
3/6/2024 House • Read 3rd time
• CS passed as amended; YEAS 114, NAYS 0
3/6/2024 Senate • In returning messages
3/7/2024 Senate • Refused to concur in 1 amendment(s) (249405) -SJ 914
• Requested House to recede -SJ 914
3/7/2024 House • In Messages
• Added to Senate Message List
• Amendment 249405 Recede
• CS passed; YEAS 104, NAYS 1
3/7/2024 Senate • Ordered enrolled