The legislature's own summary of the bill, or its official long title.
Amends the State Treasurer Act. Provides that the State Treasurer may establish and administer a non-profit investment pool to supplement and enhance investment opportunities otherwise available to not-for-profit corporations in the State. Provides that the Treasurer may receive funds paid into the pool for the purpose of holding and investing those funds. Provides for surety bonds payable to not-for-profit…
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Amends the State Treasurer Act. Provides that the State Treasurer may establish and administer a non-profit investment pool to supplement and enhance investment opportunities otherwise available to not-for-profit corporations in the State. Provides that the Treasurer may receive funds paid into the pool for the purpose of holding and investing those funds. Provides for surety bonds payable to not-for-profit corporations who participate in the pool. Makes changes to provisions concerning the direct deposit of State payments. Amends the Accountability for the Investment of Public Funds Act. Provides that the Treasurer shall adopt rules for the efficient administration of the pool. Provides that each State agency shall make available on the Internet, and update at least monthly, no later than the end of each month (rather than by the 15th of the month), sufficient information concerning the investment of any public funds held by that State agency to identify specified information. Effective immediately.
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95 steps, oldest first, as the legislature records them.
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SenateFiled with Secretary by Sen. Adriane Johnson
SenateFirst Reading
CommitteeReferred to Assignments · Senate Assignments
CommitteeAssigned to Financial Institutions · Senate Financial Institutions
SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Adriane Johnson
CommitteeSenate Committee Amendment No. 1 Referred to Assignments · Senate Assignments
CommitteeHouse Floor Amendment No. 1 Rules Refers to State Government Administration Committee · House State Government Administration
HouseAdded Alternate Co-Sponsor Rep. Katie Stuart
SenateAdded as Co-Sponsor Sen. Robert Peters
CommitteeHouse Floor Amendment No. 1 Recommends Be Adopted State Government Administration Committee; 005-003-000 · House State Government Administration
HouseSecond Reading - Short Debate
HouseHeld on Calendar Order of Second Reading - Short Debate
SenateAdded as Co-Sponsor Sen. Laura M. Murphy
HouseThird Reading/Final Action Deadline Extended-9(b) May 24, 2024
HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Rita Mayfield
CommitteeHouse Floor Amendment No. 2 Referred to Rules Committee · House Rules
HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Rita Mayfield
CommitteeHouse Floor Amendment No. 3 Referred to Rules Committee · House Rules
CommitteeHouse Floor Amendment No. 2 Rules Refers to State Government Administration Committee · House State Government Administration
CommitteeHouse Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee; 005-003-000 · House State Government Administration
SenateSponsor Removed Sen. John F. Curran
SenateSponsor Removed Sen. Jil Tracy
CommitteeHouse Floor Amendment No. 3 Rules Refers to State Government Administration Committee · House State Government Administration
