Hearing DetailsJoint Committee on Financial Services

Event Details

Status:

Completed

Event Date:

Thursday, October 30, 2025

Start Time:

10:30 AM

Location:

A-2

Event Description

The Joint Committee on Financial Services will hold a public hearing on the following banking matters.

*Please be advised that the agenda and docket of bills to be heard may be amended upon agreement of the Chairs no less than 72 hours from the time of such hearing pursuant to Joint Rule 1D.

**All Senate matters above are required to be reported on by December 3, 2025, pursuant to Joint Rule 10.

***All House matters above are required to be reported on by December 30, 2025, subject to extensions consistent with House Rule 27.

The public is invited to participate in this hybrid hearing, which will be livestreamed on the General Court website, https://malegislature.gov/.

The hearing will be recorded and archived on the Joint Committee on Financial Services webpage for the duration of the 194th legislative session at, https://malegislature.gov/Committees/Detail/J11/Hearings.

***INSTRUCTIONS FOR REGISTRATION / TESTIMONY***

Persons who wish to testify in person or virtually or submit written testimony may do so by completing this form linked here.

https://forms.office.com/g/sxtt53p0sF

DEADLINE TO PRE-REGISTER: Persons planning to testify virtually must sign up no later than 5:00 p.m. on Tuesday, October 28, 2025. Individuals and groups testifying in person are strongly encouraged to register using the form above prior to the deadline. Registration by the deadline is required for those who wish to testify virtually during the live hearing and encouraged for those who wish to testify in person. Please indicate whether you plan to testify in person or virtually. A Microsoft Teams invitation to the hearing will be emailed after the registration deadline closes, shortly before the hearing. Please be aware that even those who register to testify in person will be emailed a Teams link to participate virtually as a backup option.

SAME DAY SIGN-UP FOR IN-PERSON TESTIMONY ONLY – IF TIME ALLOWS: Individuals who miss the deadline to pre-register for testimony may appear on the day of the hearing and sign-up to speak in person on forms provided by committee staff outside of the hearing room. Time permitting, when all pre-registered individuals have been called to testify, the Chairs will then call any individuals who signed up on the day of the hearing.

WRITTEN TESTIMONY: If you would like to provide written testimony, please include the bill number in the subject line of the email, as well as your name, address, phone number, and organization, if any, on the submitted testimony. Written testimony is encouraged and will continue to be accepted after the hearing until the relevant bill is acted upon. The Committee requests that written testimony may be submitted to the Joint Committee on Financial Services by emailing jointcmte-financialservices@malegislature.gov Please include "Financial Services Committee Testimony, [Relevant Bill Number]" in the subject line of the email. Those who plan to submit only written testimony may do so before or after the signup deadline.

The most secure method to submit testimony is through The Committee’s email address above. In the alternative, written testimony may be submitted to the Committee at: State House, Joint Committee on Financial Services, Room 254, 24 Beacon Street, Boston, MA. 02133. Please use only one method to submit your testimony and please submit no more than once.

Please be advised that all written testimony submitted will be read by Committee Members and staff and may be made publicly available at the discretion of the Chairs. Do not submit any personal information you do not wish to disclose publicly.

ORDER OF TESTIMONY: The Chairs, at their discretion, will determine the order of testimony during the hearing. It is the responsibility of the individuals registered to testify to be prepared to speak when called upon by the Chairs. In the event that an individual is called by the Chairs and that person is unavailable to testify, the Chairs will move on and call the next individual or panel. The Chairs will limit testimony to 3 minutes per speaker.

If you have any questions, you may email Daniel Tobin-Rosman, Daniel.tobin-rosman@mahouse.gov, from Chair Murphy’s office or Shane Correale shane.correale@masenate.gov from Chair Feeney’s office.

If you have Accessibility needs, click here.

Item Name	Start Time	Duration	Webcast
Joint Committee on Financial Services - 10-30-2025	10/30/2025 10:30 AM	03:14:27

Banking 10:30am - 2:00pm

Bill	Bill Title	Sponsor
H.48	An Act establishing a Massachusetts Baby Bonds program	Office of the State Treasurer
H.1102	An Act protecting the use of bank names, trade names and trademarks in electronic communications	Daniel Cahill
H.1104	An Act amending the banking laws and related statutes	Daniel Cahill
H.1143	An Act to encourage retirement planning	Paul J. Donato
H.1158	An Act to promote economic mobility through matched savings	Brandy Fluker-Reid
H.1207	An Act relative to the equitable assessment of bank fees	Bradley H. Jones, Jr.
H.1211	An Act to protect users of electronic branches	Bradley H. Jones, Jr.
H.1226	An Act relative to secure choice retirement savings plan	Meghan K. Kilcoyne
H.1232	An Act making changes to certain references in the banking laws of the Commonwealth	John J. Lawn, Jr.
H.1259	An Act relative to price-fixing prohibition, consumer transparency & tax fairness	Paul McMurtry
H.1281	An Act relative to the uniform special deposit	Alice Hanlon Peisch
H.1284	An Act ensuring banking accessibility	Edward R. Philips
H.1327	An Act relative to inactive bank account fees	Todd M. Smola
H.1338	An Act allowing fair compensation of Massachusetts credit union directors	Andres X. Vargas
H.3933	An Act relative to the Massachusetts Credit Union Share Insurance Corporation	Daniel Cahill
H.4260	An Act relative to the use of virtual credit cards by dental insurance providers	Adam J. Scanlon
S.688	An Act prohibiting card interchange fees on tax or gratuity	Cynthia Stone Creem
S.704	An Act relative to the use of virtual credit cards by dental insurance providers	John J. Cronin
S.723	An Act relative to growth opportunities for state financial institutions	Sal N. DiDomenico
S.737	An Act to promote economic mobility through matched savings	James B. Eldridge
S.740	An Act relative to certificate of deposit interest income	Ryan C. Fattman
S.821	An Act allowing fair compensation of Massachusetts credit union directors	Pavel M. Payano
S.722	An Act to encourage retirement planning	Sal N. DiDomenico

Present (14)

Paul R. Feeney (SEN)

James M. Murphy (HOU)

David Biele (HOU)

Simon Cataldo (HOU)

Michael S. Chaisson (HOU)

William J. Driscoll, Jr. (SEN)

Adam Gómez (SEN)

Ryan M. Hamilton (HOU)

Steven S. Howitt (HOU)

Sally P. Kerans (HOU)

Kate Lipper-Garabedian (HOU)

William F. MacGregor (HOU)

Tram T. Nguyen (HOU)

Christopher J. Worrell (HOU)

Absent (3)

Michael O. Moore (SEN) *

Jacob R. Oliveira (SEN) *

Bruce E. Tarr (SEN) *

	Document
	H48 Summary
	H11104 Summary
	H1207 Summary
	H1211 Summary
	H1226 Summary
	H1232 Summary
	H1259 Summary
	H1281 Summary
	H1284 Summary
	H1327 Summary
	H1338 Summary
	H3933 Summary
	H4260 Summary

Hearing DetailsJoint Committee on Financial Services

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