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2024 SESSION

• | print version

SB 510 Investment of public funds; qualified public entity allowed to invest in asset-backed securities.

Introduced by: William M. Stanley, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Investment of public funds. Allows any qualified public entity of the Commonwealth to invest in asset-backed securities that are guaranteed by the United States or any agency thereof. This bill is identical to HB 356.

FULL TEXT

• 01/09/24  Senate: Prefiled and ordered printed; offered 01/10/24 24102814D  pdf | impact statement
• 01/24/24  Senate: Committee substitute printed 24106101D-S1  pdf | impact statement
• 02/27/24  Senate: Bill text as passed Senate and House (SB510ER)  pdf | impact statement
• 03/14/24  Governor: Acts of Assembly Chapter text (CHAP0066)  pdf

AMENDMENTS

• Senate committee, floor amendments and substitutes offered

HISTORY

• 01/09/24  Senate: Prefiled and ordered printed; offered 01/10/24 24102814D
• 01/09/24  Senate: Referred to Committee on Finance and Appropriations
• 01/24/24  Senate: Reported from Finance and Appropriations with substitute (14-Y 0-N)
• 01/24/24  Senate: Committee substitute printed 24106101D-S1
• 01/25/24  Senate: Constitutional reading dispensed (40-Y 0-N)
• 01/26/24  Senate: Read second time
• 01/26/24  Senate: Reading of substitute waived
• 01/26/24  Senate: Committee substitute agreed to 24106101D-S1
• 01/26/24  Senate: Engrossed by Senate - committee substitute SB510S1
• 01/29/24  Senate: Read third time and passed Senate (40-Y 0-N)
• 02/13/24  House: Placed on Calendar
• 02/13/24  House: Read first time
• 02/13/24  House: Referred to Committee on Appropriations
• 02/19/24  House: Reported from Appropriations (22-Y 0-N)
• 02/21/24  House: Read second time
• 02/22/24  House: Read third time
• 02/22/24  House: Passed House BLOCK VOTE (99-Y -0-N)
• 02/22/24  House: VOTE: Block Vote Passage (99-Y 0-N)
• 02/27/24  Senate: Enrolled
• 02/27/24  Senate: Bill text as passed Senate and House (SB510ER)
• 02/27/24  House: Signed by Speaker
• 03/01/24  Senate: Signed by President
• 03/11/24  Senate: Enrolled Bill Communicated to Governor on March 11, 2024
• 03/11/24  Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
• 03/14/24  Governor: Approved by Governor-Chapter 66 (effective 7/1/24)
• 03/14/24  Governor: Acts of Assembly Chapter text (CHAP0066)