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2010 SESSION

• | print version

HB 284 Investment of public funds; removes requirement that public funds must be invested in certificates.

Introduced by: Donald W. Merricks | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Investment of public funds; deposits.  Removes the requirement that public funds must be invested in certificates of deposit. The funds must still be deposited with a federally insured bank or savings institution qualified by the Virginia Treasury Board and the full amount of principal and interest must be covered by federal deposit insurance.

FULL TEXT

• 01/11/10  House: Prefiled and ordered printed; offered 01/13/10 10103669D  pdf | impact statement
• 02/22/10  House: Bill text as passed House and Senate (HB284ER)  pdf | impact statement
• 03/04/10  Governor: Acts of Assembly Chapter text (CHAP0033)  pdf

HISTORY

• 01/11/10  House: Prefiled and ordered printed; offered 01/13/10 10103669D
• 01/11/10  House: Referred to Committee on Appropriations
• 01/19/10  House: Assigned App. sub: Technology Oversight and Government Activities
• 02/02/10  House: Subcommittee recommends reporting (7-Y 0-N)
• 02/03/10  House: Reported from Appropriations (22-Y 0-N)
• 02/08/10  House: Read first time
• 02/09/10  House: Read second time and engrossed
• 02/10/10  House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
• 02/10/10  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
• 02/11/10  Senate: Constitutional reading dispensed
• 02/11/10  Senate: Referred to Committee on Finance
• 02/17/10  Senate: Reported from Finance (13-Y 0-N)
• 02/18/10  Senate: Constitutional reading dispensed (38-Y 0-N)
• 02/19/10  Senate: Read third time
• 02/19/10  Senate: Passed Senate (40-Y 0-N)
• 02/22/10  House: Enrolled
• 02/22/10  House: Bill text as passed House and Senate (HB284ER)
• 02/23/10  House: Signed by Speaker
• 02/23/10  Senate: Signed by President
• 03/04/10  Governor: Approved by Governor-Chapter 33 (effective 7/1/10)
• 03/04/10  Governor: Acts of Assembly Chapter text (CHAP0033)