Bill Summary

HB 893 Trust Fund Interest for Purposes Approved by Supreme Court (2026 Session)
by Koster Co Sponsors: 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: July 1, 2026
12/23/25
HOUSE 
Filed
01/05/26
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Referred to Insurance & Banking Subcommittee; Judiciary Committee; Commerce Committee
01/05/26
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Now in Insurance & Banking Subcommittee
01/16/26
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On Committee agenda - Insurance & Banking Subcommittee, 01/21/26, 10:00 am, 17 H
01/22/26
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Favorable by Insurance & Banking Subcommittee on 01/21/26; 16 Yeas, 0 Nays
01/22/26
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Now in Judiciary Committee
01/23/26
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On Committee agenda - Judiciary Committee, 01/27/26, 9:30 am, 404 H
01/27/26
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Favorable by Judiciary Committee; 20 Yeas, 0 Nays
01/27/26
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Now in Commerce Committee
01/30/26
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On Committee agenda - Commerce Committee, 02/03/26, 10:30 am, 404 H
02/03/26
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Favorable by Commerce Committee; 20 Yeas, 0 Nays
02/03/26
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Placed on Calendar, on 2nd reading
02/05/26
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Placed on Special Order Calendar, 02/11/26
02/11/26
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Read Second Time; Read Third Time; Passed (Vote: 112 Yeas / 0 Nays)
02/12/26
SENATE
In Messages
02/12/26
SENATE
Received; Referred to Rules
0893
Filed on 12/23/25
PDF
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