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Glossary of Legislative Terms

HB 893: Trust Fund Interest for Purposes Approved by Supreme Court

GENERAL BILL by Koster ; (CO-INTRODUCERS) Valdés

Trust Fund Interest for Purposes Approved by Supreme Court; Authorizes financial institutions to hold funds in specified trust accounts used for specified purposes expressly authorized by Supreme Court rule; requires certain entities to use interest & dividends for specified purposes; requires certain financial institutions to pay specified interest or dividends.

Effective Date: 7/1/2026
Last Action: 2/5/2026 House - Bill added to Special Order Calendar (2/11/2026)
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    12/23/2025 House • Filed
    1/5/2026 House • Referred to Insurance & Banking Subcommittee
    • Referred to Judiciary Committee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
    1/13/2026 House • 1st Reading (Original Filed Version)
    1/16/2026 House • Added to Insurance & Banking Subcommittee agenda
    1/21/2026 House • Favorable by Insurance & Banking Subcommittee
    1/22/2026 House • Reported out of Insurance & Banking Subcommittee
    • Now in Judiciary Committee
    1/23/2026 House • Added to Judiciary Committee agenda
    1/27/2026 House • Favorable by Judiciary Committee
    • Reported out of Judiciary Committee
    • Now in Commerce Committee
    1/30/2026 House • Added to Commerce Committee agenda
    2/3/2026 House • Favorable by Commerce Committee
    • Reported out of Commerce Committee
    • Bill released to House Calendar
    • Added to Second Reading Calendar
    2/5/2026 House • Bill added to Special Order Calendar (2/11/2026)

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  • HB 893, Original Filed Version (Current Bill Version) Posted 12/23/2025 at 10:46 AM

    Bill Text:   PDF
    Analyses:   Insurance & Banking Subcommittee (Post-Meeting) 1/22/2026 (pdf)
    Judiciary Committee (Post-Meeting) 1/27/2026 (pdf)
    Commerce Committee (Post-Meeting) 2/3/2026 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1000 Trust Fund Interest for Purposes Approved by the Supreme Court Grall Identical Last Action: 2/4/2026 S Now in Rules Track This Bill

    Citations - Statutes (1)

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

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