1997 Regular Session

HOUSE BILL 581

CHAPTER NUMBER: 456 File Code: Agencies, Offices, and Officials Crossfiled with: SENATE BILL 288
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)