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2010 SESSION
HB 246 Local government investment pool; limitations.
Introduced by: Donald W. Merricks | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Local government investment pool; limitations. Provides that no less than 10 percent of local government investment pool assets shall be invested in time, savings, or demand deposits at financial institutions qualified to accept public deposits under the Virginia Security for Public Deposits Act. The bill, as introduced in 2009, contained a reenactment clause that requires it to be reenacted by the 2010 Session of the General Assembly.
FULL TEXT
HISTORY
- 01/11/10 House: Prefiled and ordered printed; offered 01/13/10 10101362D
- 01/11/10 House: Referred to Committee on Appropriations
- 01/19/10 House: Assigned App. sub: Technology Oversight and Government Activities
- 02/09/10 House: Subcommittee recommends continuing to 2011 by voice vote
- 02/12/10 House: Continued to 2011 in Appropriations by voice vote