MA H1012

Bill

Relative to establishing a financial technology task force

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to financial technology operations and current bank charter regulations in the Commonwealth. Financial Services.

AI Summary

This bill establishes a special task force to review and report on the financial impact of Financial Technology (FinTech) operations and current bank charter regulations in Massachusetts. The task force will consist of 9 members, including lawmakers, representatives from the Massachusetts Technology Collaborative and the Massachusetts Bankers Association, and appointees from the Massachusetts Commissioner of Banks. The task force will identify relevant state laws and regulations, key banking developments that would benefit Massachusetts citizens, and make recommendations to better integrate FinTech in the state. The task force is required to submit a report, including any proposed legislation and regulations, to the state legislature within 12 months of the bill's passage.

Committee Categories

Business and Industry

Sponsors (10)

Paul Frost (R), Susan Gifford (R), Bradford Hill (R), Steven Howitt (R), Randy Hunt (R), Brad Jones (R), Matt Muratore (R), Elizabeth Poirier (R), Todd Smola (R), Mike Soter (R),

Last Action

Accompanied a study order, see H5160 (on 12/01/2020)

Official Document

https://malegislature.gov/Bills/191/H1012

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H1012
Bill	https://malegislature.gov/Bills/191/H1012.pdf

Bill	Bill Name	Last Action	Type
H1166	Relative to establishing a health safety net task force	Reporting date extended to Thursday December 31, 2020, pending concurrence	Similar To
H2690	Ensuring cyber security in the Commonwealth	Accompanied a study order, see H5103	Similar To
H5160	Study Order - payments and insurance	Discharged to the committee on House Rules	Replaced by
S1832	Relative to Native American tribal recognition	Accompanied a study order, see S2569	Similar To
S2023	Establishing a food tourism task force	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2284	Establishing an interagency PFAS task force	Accompanied H3851	Similar To
S253	Resolve authorizing a study of starting times and schedules	Resolve reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S791	Establishing a task force on elderly and disabled persons residing in public housing	Accompanied a study order, see S2527	Similar To

Bill > H1012

MA H1012

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (10)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary