HOUSE BILL 581

Sponsored By:

Delegate Heller (Co-Chairman, Joint Committee on the Management of Public Funds)

Entitled:

State Treasurer - Investment of Public Funds - Money Market Mutual Funds

Synopsis:

Modifying a provision pertaining to the authority of the State Treasurer to invest or reinvest money in qualifying money market mutual funds by eliminating a statutory requirement that an eligible money market mutual fund must have received a specified rating.

Legislative History

House Action

1/29

First Reading Appropriations

2/5

Hearing 2/26 at 11:00 a.m.

3/20

Favorable Report by Appropriations

Favorable Report Adopted

Second Reading Passed

3/21

Third Reading Passed (135-0)

4/1

Returned Passed

5/8

Signed by the Governor Chapter 456

Senate Action

3/24

First Reading Budget and Taxation

4/4

Favorable Report by Budget and Taxation

Favorable Report Adopted

Second Reading Passed

4/5

Third Reading Passed (47-0)

Sponsored by:

Delegate Henry B. Heller, District 19

Management of Public Funds, Jt. Comm. on t he

Bill indexed under the following Subjects:

INVESTMENTS

PUBLIC OFFICIALS -see also- TREASURERS

TREASURERS

Bill affects the following Statute:

State Finance and Procurement

( 6-222 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)