File Code: Local Government - Generally
Crossfiled with: SENATE BILL 1
- Sponsored By:
-
Delegate Heller (Co-Chairman, Joint Committee on the Management of
Public Funds)
- Entitled:
-
Local Government Investment Authority
Modifying provisions governing the deposit and investment of money by
political subdivisions of the State; clarifying the authority of an
authorized acknowledged agent to act on a governmental unit's behalf;
clarifying provisions relating to collateral; repealing various
provisions relating to the investment authority of particular
political subdivisions; removing the Washington Suburban Transit
Commission from provisions concerning local government investment
guidelines; establishing the Montgomery County Investment Pool; etc.
House Action
- 1/29
- First Reading Appropriations
- 2/5
- Hearing 2/26 at 11:00 a.m.
- 3/20
- Favorable with Amendments Report by Appropriations
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/21
- Third Reading Passed (138-0)
- 4/1
- Returned Passed
- 5/22
- Governor vetoed - Cross-filed bill was signed
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:
- COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
- EDUCATION, BOARDS OF
- FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
- INVESTMENTS
- MASS TRANSIT -see also- BUSES; RAILROADS
- MONTGOMERY COUNTY
- MUNICIPAL CORPORATIONS
- REPORTS -see also- RECORDS
- Bill affects the following Statutes:
- Article - 95 Treasurer
- (
22 ,
22A ,
22F ,
22H ,
22-I
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
- House
- Number: 034936/1 (PDF) Offered on: MARCH 20, 1997 at: 10:29
Status: Adopted