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.
Senate Committee References:
- Rules (RC)
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) |
| 2/11/2026 | House |
• Read 2nd time • Added to Third Reading Calendar • Read 3rd time • Passed; YEAS 112, NAYS 0 |
| 2/12/2026 | Senate |
• In Messages • Referred to Rules |
| 2/18/2026 | Senate |
• Received |
| 2/19/2026 | Senate |
• Withdrawn from Rules -SJ 347 • Placed on Calendar, on 2nd reading • Substituted for SB 1000 -SJ 347 • Read 2nd time -SJ 347 • Read 3rd time -SJ 347 • Passed; YEAS 38 NAYS 0 -SJ 347 • Immediately certified -SJ 356 |
| 2/19/2026 | House |
• In Messages • Ordered enrolled |
