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1998 SESSION

• | print version

HB 375 Investment of public funds.

Introduced by: Harry R. Purkey | all patrons    ...    notes | add to my profiles

SUMMARY:

Investment of public funds. Reclassifies negotiable certificates of deposit and negotiable bank deposit notes from deposits to investments. The reclassification allows these instruments to be collateralized under the Security for Public Deposits Act. Public funds are permitted to be invested in these instruments if the instruments have certain ratings by recognized rating agencies.

FULL TEXT

• 01/15/98  House: Presented & ordered printed 987248809  pdf
• 02/23/98  House: Bill text as passed House and Senate (HB375ER)  pdf
• 03/10/98  Governor: Acts of Assembly Chapter text (CHAP0021)  pdf

HISTORY

• 01/15/98  House: Presented & ordered printed 987248809
• 01/15/98  House: Referred to Committee on General Laws
• 01/22/98  House: Assigned to General Laws sub-committee: 2
• 01/26/98  House: Reported from General Laws (25-Y 0-N)
• 01/27/98  House: Read first time
• 01/28/98  House: Read second time and engrossed
• 01/29/98  House: Read third time and passed House (Block Vote) (98-Y 0-N)
• 01/29/98  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
• 01/29/98  House: Communicated to Senate
• 01/30/98  Senate: Constitutional reading dispensed (39-Y 0-N)
• 01/30/98  Senate: Referred to Committee on Finance
• 02/18/98  Senate: Reported from Finance (15-Y 0-N)
• 02/19/98  Senate: Const. reading disp., passed by for the day (40-Y 0-N)
• 02/19/98  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
• 02/20/98  Senate: Read third time
• 02/20/98  Senate: Passed Senate (40-Y 0-N)
• 02/20/98  Senate: VOTE: PASSAGE R (40-Y 0-N)
• 02/23/98  House: Bill text as passed House and Senate (HB375ER)
• 03/02/98  House: Enrolled
• 03/02/98  House: Signed by Speaker
• 03/04/98  Senate: Signed by President
• 03/09/98  Governor: Approved by Governor-Chapter 21 (effective 7/1/98)
• 03/10/98  Governor: Acts of Assembly Chapter text (CHAP0021)