CHAPTER NUMBER: 319 
File Code: Local Government - Generally
Crossfiled with: HOUSE BILL 582  
- Sponsored By: 
 - 
Senator Currie (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.
Senate Action
- 7/10
 -  Pre-filed
 - 1/8
 - First Reading Budget and Taxation
 - 1/15
 - Hearing 1/29 at 1:30 p.m.
 - 2/24
 - Favorable with Amendments Report by Budget and Taxation
 - 2/25
 - Favorable with Amendments Report Adopted
 -      Second Reading Passed with Amendments
 - 2/27
 - Third Reading Passed (47-0)
 - 4/2
 - Returned Passed
 - 5/8
 - Signed by the Governor Chapter 319
 
House Action
- 2/28
 - First Reading Appropriations
 - 3/5
 - Hearing 3/20 at 1:00 p.m.
 - 4/1
 - Favorable Report by Appropriations
 - 3/28
 - Favorable Report Adopted
 -      Second Reading Passed
 - 3/29
 - Third Reading Passed (131-0)
 
- Sponsored by:
 - Senator Ulysses Currie, District 25
 - Management of Public Funds, Jt. Comm. on t    he
 
- Bill indexed under the following Subjects:
 - BANKS AND TRUST COMPANIES
 - 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
 - SAVINGS AND LOAN ASSOCIATIONS
 - SPECIAL TAX DISTRICTS
 
- 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: 
- Senate
 - Number: 599304/1 (PDF) Offered on: FEBRUARY 25, 1997  at: 10:51
 Status: Adopted