1997 Regular Session

SENATE BILL 288

File Code: Agencies, Offices, and Officials Crossfiled with: HOUSE BILL 581
Sponsored By:
Senator Currie (Co-Chairman, Joint Committee on the Management of Public Funds) and Senators Boozer, Forehand, and McFadden
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

Senate Action
1/23
First Reading Budget and Taxation
1/29
Hearing 2/12 at 1:00 p.m.
1/30
Hearing cancelled
Hearing 2/12 at 1:30 p.m.
3/3
Favorable Report by Budget and Taxation
3/4
Favorable Report Adopted
Second Reading Passed
3/6
Third Reading Passed (43-1)
4/2
Returned Passed
5/22
Governor vetoed (Duplicate Bill) - Cross-filed bill was signed
House Action
3/7
First Reading Appropriations
3/12
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 (135-1)
Sponsored by:
Senator Ulysses Currie, District 25
Senator F. Vernon Boozer, District 9
Senator Jennie M. Forehand, District 17
Senator Nathaniel J. McFadden, District 45
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)