Legislation

Title: State Investment Portfolio and Local Government Investment Guidelines - Investment Standards
Sponsored by: The Speaker (By Request - State Treasurer)
Status: Approved by the Governor - Chapter 143
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Requiring the Treasurer to consult with governmental entities prior to proposing certain regulations; repealing the limitations on investment in certain assets in which the Treasurer may invest or reinvest certain unexpended or surplus funds; authorizing the Treasurer to retain investments made prior to the effective date of the Act until the investments have reached their respective maturity dates; authorizing the Treasurer and governmental entities to invest or reinvest in certain surplus funds under certain circumstances.

Committees

Original:: Appropriations Click to view Recorded Media

Opposite:: Budget and Taxation

Committee Testimony

Witness List

Details

Emergency Bill

Cross-filed with: SB0776

Bill File Type: Regular

Effective Date(s): Upon Enactment

History

Legislation History
Chamber House Calendar Date 1/31/2024 Legislative Date 1/31/2024 Action First Reading Appropriations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State Investment Portfolio - Investment Standards Proceedings
Chamber House Calendar Date 2/07/2024 Legislative Date 2/07/2024 Action Hearing 2/28 at 1:00 p.m. Proceedings
Chamber House Calendar Date 2/27/2024 Legislative Date 2/27/2024 Action Hearing canceled Proceedings
Chamber House Calendar Date 2/27/2024 Legislative Date 2/27/2024 Action Hearing 2/28 at 12:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Appropriations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/04/2024 Legislative Date 3/04/2024 Action Favorable with Amendments Report by Appropriations Proceedings
Chamber House Calendar Date 3/05/2024 Legislative Date 2/26/2024 Action Favorable with Amendments {393227/1 Adopted Proceedings 36BClick to view Recorded Media
Chamber House Calendar Date 3/05/2024 Legislative Date 2/26/2024 Action Second Reading Passed with Amendments Proceedings 36BClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - State Investment Portfolio and Local Government Investment Guidelines - Investment Standards Proceedings
Chamber House Calendar Date 3/07/2024 Legislative Date 2/28/2024 Action Third Reading Passed (141-0) Proceedings 38 Click to view Recorded Media
Chamber Senate Calendar Date 3/08/2024 Legislative Date 2/25/2024 Action Referred Budget and Taxation Proceedings 41 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2024 Legislative Date 3/29/2024 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/29/2024 Legislative Date 3/14/2024 Action Favorable Adopted Second Reading Passed Proceedings 59 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2024 Legislative Date 3/18/2024 Action Third Reading Passed (47-0) Proceedings 63 Click to view Recorded Media
Chamber House Calendar Date 4/04/2024 Legislative Date 3/22/2024 Action Returned Passed Proceedings 61 Click to view Recorded Media
Chamber Post Passage Calendar Date 4/25/2024 Legislative Date 4/25/2024 Action Approved by the Governor - Chapter 143 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - State Investment Portfolio and Local Government Investment Guidelines - Investment Standards Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/31/2024	1/31/2024	First Reading Appropriations
			Text - First - State Investment Portfolio - Investment Standards
House	2/07/2024	2/07/2024	Hearing 2/28 at 1:00 p.m.
House	2/27/2024	2/27/2024	Hearing canceled
House	2/27/2024	2/27/2024	Hearing 2/28 at 12:30 p.m.
			Vote - House - Committee - Appropriations	Click to view Recorded Media
House	3/04/2024	3/04/2024	Favorable with Amendments Report by Appropriations
House	3/05/2024	2/26/2024	Favorable with Amendments {393227/1 Adopted	36BClick to view Recorded Media
House	3/05/2024	2/26/2024	Second Reading Passed with Amendments	36BClick to view Recorded Media
			Text - Third - State Investment Portfolio and Local Government Investment Guidelines - Investment Standards
House	3/07/2024	2/28/2024	Third Reading Passed (141-0)	38 Click to view Recorded Media
Senate	3/08/2024	2/25/2024	Referred Budget and Taxation	41 Click to view Recorded Media
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/29/2024	3/29/2024	Favorable Report by Budget and Taxation
Senate	3/29/2024	3/14/2024	Favorable Adopted Second Reading Passed	59 Click to view Recorded Media
Senate	4/03/2024	3/18/2024	Third Reading Passed (47-0)	63 Click to view Recorded Media
House	4/04/2024	3/22/2024	Returned Passed	61 Click to view Recorded Media
Post Passage	4/25/2024	4/25/2024	Approved by the Governor - Chapter 143
			Text - Chapter - State Investment Portfolio and Local Government Investment Guidelines - Investment Standards

File Code

Subjects

Statutes