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 and an electronic payment processing program to supplement and enhance investment opportunities and secure electronic payment options 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…
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Amends the State Treasurer Act. Provides that the State Treasurer may establish and administer a non-profit investment pool and an electronic payment processing program to supplement and enhance investment opportunities and secure electronic payment options 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. Provides that the Treasurer shall adopt rules for the efficient administration of the pool.
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92 steps, oldest first, as the legislature records them.
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SenateFiled with Secretary by Sen. Adriane L. Johnson
SenateFirst Reading
CommitteeReferred to Assignments · Senate Assignments
CommitteeAssigned to State Government · Senate State Government
CommitteePostponed - State Government · Senate State Government
SenateAdded as Co-Sponsor Sen. Michael W. Halpin
SenateAdded as Chief Co-Sponsor Sen. Robert F. Martwick
SenateAdded as Co-Sponsor Sen. Paul Faraci
SenateAdded as Chief Co-Sponsor Sen. Mary Edly-Allen
SenateAdded as Chief Co-Sponsor Sen. Christopher Belt
SenateAdded as Co-Sponsor Sen. Celina Villanueva
SenateAdded as Co-Sponsor Sen. Mattie Hunter
SenateAdded as Co-Sponsor Sen. Mike Simmons
SenateAdded as Co-Sponsor Sen. Graciela Guzmán
SenateAdded as Co-Sponsor Sen. Mike Porfirio
CommitteeDo Pass State Government; 010-000-000 · Senate State Government
SenatePlaced on Calendar Order of 2nd Reading March 18, 2025
SenateAdded as Co-Sponsor Sen. Linda Holmes
SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
SenateAdded as Co-Sponsor Sen. Laura M. Murphy
SenateAdded as Co-Sponsor Sen. Li Arellano, Jr.
SenateSecond Reading
SenatePlaced on Calendar Order of 3rd Reading March 19, 2025
SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Adriane L. Johnson
CommitteeSenate Floor Amendment No. 1 Referred to Assignments · Senate Assignments
SenateAdded as Co-Sponsor Sen. Robert Peters
CommitteeSenate Floor Amendment No. 1 Assignments Refers to State Government · Senate State Government
SenateAdded as Co-Sponsor Sen. Julie A. Morrison
CommitteeSenate Floor Amendment No. 1 Recommend Do Adopt State Government; 009-000-000 · Senate State Government
SenateAdded as Co-Sponsor Sen. Javier L. Cervantes
SenateAdded as Co-Sponsor Sen. Sara Feigenholtz
SenateRecalled to Second Reading
SenateSenate Floor Amendment No. 1 Adopted; Johnson
SenatePlaced on Calendar Order of 3rd Reading
SenateThird Reading - Passed; 033-017-000
SenateAdded as Co-Sponsor Sen. Willie Preston
SenateAdded as Co-Sponsor Sen. Rachel Ventura
SenateAdded as Co-Sponsor Sen. Elgie R. Sims, Jr.
SenateAdded as Co-Sponsor Sen. Lakesia Collins
SenateAdded as Co-Sponsor Sen. Ram Villivalam
HouseArrived in House
HouseChief House Sponsor Rep. Rita Mayfield
HouseFirst Reading
CommitteeReferred to Rules Committee · House Rules
SenateAdded as Co-Sponsor Sen. Napoleon Harris III
CommitteeAssigned to State Government Administration Committee · House State Government Administration
CommitteeDo Pass / Short Debate State Government Administration Committee; 005-003-000 · House State Government Administration
HouseAdded Alternate Co-Sponsor Rep. Kevin John Olickal
