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Legislation


2006 Regular Session

SENATE BILL 171

File Code: State Government - Procurement Crossfiled with: HOUSE BILL 300
Sponsored By:
Senator Jones (Co-Chair, Task Force on Lending Equity Within Financial Institutions Providing State Depository Services) and Senators DeGrange, Gladden, and Hooper
Entitled:
State Treasurer - Designation of Financial Institution for Banking Services

Synopsis:

Providing that the Treasurer shall give a specified percentage of the weight of the decision to specified standards in deciding whether to designate a financial institution as a depositary for State money and make an agreement with a financial institution for a banking service; requiring the Treasurer to consider whether a financial institution received a specified rating on its most recent examination under the federal Community Reinvestment Act of 1977; etc.

History by Legislative Date

Senate Action
1/20
First Reading Finance
1/25
Hearing 2/7 at 1:00 p.m.
2/27
Favorable Report by Finance
2/28
Favorable Report Adopted
Second Reading Passed
3/2
Third Reading Passed (44-0)
4/2
Returned Passed
House Action
3/3
First Reading Appropriations
3/24
Hearing 3/30 at 1:00 p.m.
4/4
Favorable Report by Appropriations
3/31
Favorable Report Adopted
Second Reading Passed
4/1
Third Reading Passed (136-0)
Action after passage in Senate and House
5/26
Governor vetoed - Duplicative

Sponsored by:

Senator Verna L. Jones, District 44
Senator James E. DeGrange, Sr., District 32
Senator Lisa A. Gladden, District 41
Senator J. Robert Hooper, District 35
Lending Equity Within Fin Inst Providing State Dep

Bill indexed under the following Subjects:

BANKS AND TRUST COMPANIES
COMMUNITY DEVELOPMENT
DISCRIMINATION
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
LOANS -see also- MORTGAGES
MINORITIES -see also- WOMEN
PROCUREMENT
PUBLIC OFFICIALS -see also- ATTY GEN; COMP; CO ADMIN; etc
SMALL BUSINESS
TREASURERS

Bill affects the following Statute:

State Finance and Procurement
( 6-203 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
Senate
March 2, 2006: Third Reading Passed (44-0)
House
April 1, 2006: Third Reading Passed (136-0)
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