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Glossary of Legislative Terms

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: 5/29/2024 - Chapter No. 2024-200
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Children, Families, and Elder Affairs (CF)
  3. Rules (RC)

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  • 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
    5/21/2024 • Signed by Officers and presented to Governor
    5/28/2024 • Approved by Governor
    5/29/2024 • Chapter No. 2024-200

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  • CS/CS/SB 556, Enrolled (Current Bill Version) Posted 3/8/2024 at 8:08 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 515 (c2) Protection of Specified Adults Insurance & Banking Subcommittee Similar Last Action: 3/5/2024 H Laid on Table, companion bill(s) passed, see CS/CS/SB 556 (Ch. 2024-200) Track This Bill

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    415.10341 Page 1 (pdf)

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  • CS/CS/SB 556, Committee Substitute 2 Posted 2/27/2024 at 3:16 PM

    Bill Text:   Web Page | PDF
    Analyses:   House Message Summary (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 515 (c2) Protection of Specified Adults Insurance & Banking Subcommittee Similar Last Action: 3/5/2024 H Laid on Table, companion bill(s) passed, see CS/CS/SB 556 (Ch. 2024-200) Track This Bill

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    249405 - Strike All Amendment
    Remove everything after the enacting clause and insert:     		Silvers 3/3/2024
    6:41 PM     		House: Recede
    3/7/2024     		PDF

    Floor Votes (3)

    Date Chamber Result
    2/29/2024 11:09 AM Senate 34 Yeas - 0 Nays
    3/6/2024 12:02 PM House 114 Yeas - 0 Nays
    3/7/2024 9:55 PM House 104 Yeas - 1 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    415.10341 Page 1 (pdf)

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  • CS/SB 556, Committee Substitute 1 Posted 1/18/2024 at 12:25 PM

    Bill Text:   Web Page | PDF
    Analyses:   Children, Families, and Elder Affairs (Pre-Meeting) 1/29/2024 (pdf)
    Children, Families, and Elder Affairs (Post-Meeting) 1/30/2024 (pdf)
    Rules (Pre-Meeting) 2/23/2024 (pdf)
    Rules (Post-Meeting) 2/27/2024 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 515 (c2) Protection of Specified Adults Insurance & Banking Subcommittee Similar Last Action: 3/5/2024 H Laid on Table, companion bill(s) passed, see CS/CS/SB 556 (Ch. 2024-200) Track This Bill
    H 939 (c2) Consumer Protection Insurance & Banking Subcommittee Compare Last Action: 5/3/2024 Chapter No. 2024-139; companion bill(s) passed, see CS/CS/CS/HB 989 (Ch. 2024-140) Track This Bill

    Committee Amendments (4)

    Amendment Sponsor Filed Last Committee Action Format
    948686 - Amendment
    Delete line 46 and insert:     		Rules
    (Rouson)     		2/23/2024
    1:49 PM     		Replaced by Committee Substitute
    2/27/2024     		Web Page
    PDF
    966696 - Amendment
    Delete line 81 and insert:     		Rules
    (Rouson)     		2/23/2024
    1:48 PM     		Replaced by Committee Substitute
    2/27/2024     		Web Page
    PDF
    931474 - Amendment
    Delete lines 131 - 153 and insert:     		Rules
    (Rouson)     		2/23/2024
    1:49 PM     		Replaced by Substitute Amendment
    2/27/2024     		Web Page
    PDF
    hierarchy 441042 - Substitute Amendment (931474)
    Delete lines 131 - 153 and insert:     		Rules
    (Rouson)     		2/26/2024
    8:55 AM     		Replaced by Committee Substitute
    2/27/2024     		Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    1/30/2024 1:00 PM Children, Families, and Elder Affairs 7 Yeas - 0 Nays
    2/26/2024 2:00 PM Rules 18 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    415.10341 Page 1 (pdf)

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  • SB 556, Original Filed Version Posted 11/21/2023 at 12:20 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 1/12/2024 (pdf)
    Banking and Insurance (Post-Meeting) 1/18/2024 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 515 Protection of Specified Adults Insurance & Banking Subcommittee Similar Last Action: 3/5/2024 H Laid on Table, companion bill(s) passed, see CS/CS/SB 556 (Ch. 2024-200) Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    279272 - Amendment
    Delete lines 110 - 152 and insert:     		Banking and Insurance
    (Rouson)     		1/12/2024
    8:09 AM     		Replaced by Committee Substitute
    1/18/2024     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    1/16/2024 11:00 AM Banking and Insurance 10 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    415.10341 Page 1 (pdf)

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