Legislation

Title: State Investment Portfolio and Local Government Investment Guidelines - Investment Standards
Sponsored by: The President (By Request - State Treasurer)
Status: Approved by the Governor - Chapter 144
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Requiring the Treasurer to consult with governmental entities prior to proposing certain regulations; requiring the Treasurer to adopt regulations, on or before December 1, 2024, that specify asset classes in which the Treasurer may invest; requiring the Treasurer to notify governing bodies of certain governmental entities about certain updates to certain investment standards; authorizing the Treasurer to retain investments made prior to the effective date of the Act until the investments have reached their respective maturity dates; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Appropriations

Committee Testimony

Witness List

Details

Emergency Bill

Cross-filed with: HB0846

Bill File Type: Regular

Effective Date(s): Upon Enactment

History

Legislation History
Chamber Senate Calendar Date 2/01/2024 Legislative Date 2/01/2024 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State Investment Portfolio - Investment Standards Proceedings
Chamber Senate Calendar Date 2/01/2024 Legislative Date 2/01/2024 Action Hearing 2/14 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/26/2024 Legislative Date 2/26/2024 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/27/2024 Legislative Date 2/17/2024 Action Favorable with Amendments {813628/1 Adopted Proceedings 33 Click to view Recorded Media
Chamber Senate Calendar Date 2/27/2024 Legislative Date 2/17/2024 Action Second Reading Passed with Amendments Proceedings 33 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - State Investment Portfolio and Local Government Investment Guidelines - Investment Standards Proceedings
Chamber Senate Calendar Date 2/29/2024 Legislative Date 2/19/2024 Action Third Reading Passed (46-0) Proceedings 35 Click to view Recorded Media
Chamber House Calendar Date 3/01/2024 Legislative Date 2/26/2024 Action Referred Appropriations Proceedings 36 Click to view Recorded Media
Chamber House Calendar Date 3/16/2024 Legislative Date 3/16/2024 Action Hearing 3/19 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Appropriations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/29/2024 Legislative Date 3/29/2024 Action Favorable Report by Appropriations Proceedings
Chamber House Calendar Date 3/29/2024 Legislative Date 3/16/2024 Action Favorable Adopted Proceedings 55 Click to view Recorded Media
Chamber House Calendar Date 3/29/2024 Legislative Date 3/16/2024 Action Second Reading Passed Proceedings 55 Click to view Recorded Media
Chamber House Calendar Date 4/02/2024 Legislative Date 3/18/2024 Action Third Reading Passed (137-0) Proceedings 57 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2024 Legislative Date 3/17/2024 Action Returned Passed Proceedings 62 Click to view Recorded Media
Chamber Post Passage Calendar Date 4/25/2024 Legislative Date 4/25/2024 Action Approved by the Governor - Chapter 144 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
Senate	2/01/2024	2/01/2024	First Reading Budget and Taxation
			Text - First - State Investment Portfolio - Investment Standards
Senate	2/01/2024	2/01/2024	Hearing 2/14 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	2/26/2024	2/26/2024	Favorable with Amendments Report by Budget and Taxation
Senate	2/27/2024	2/17/2024	Favorable with Amendments {813628/1 Adopted	33 Click to view Recorded Media
Senate	2/27/2024	2/17/2024	Second Reading Passed with Amendments	33 Click to view Recorded Media
			Text - Third - State Investment Portfolio and Local Government Investment Guidelines - Investment Standards
Senate	2/29/2024	2/19/2024	Third Reading Passed (46-0)	35 Click to view Recorded Media
House	3/01/2024	2/26/2024	Referred Appropriations	36 Click to view Recorded Media
House	3/16/2024	3/16/2024	Hearing 3/19 at 1:00 p.m.
			Vote - House - Committee - Appropriations	Click to view Recorded Media
House	3/29/2024	3/29/2024	Favorable Report by Appropriations
House	3/29/2024	3/16/2024	Favorable Adopted	55 Click to view Recorded Media
House	3/29/2024	3/16/2024	Second Reading Passed	55 Click to view Recorded Media
House	4/02/2024	3/18/2024	Third Reading Passed (137-0)	57 Click to view Recorded Media
Senate	4/03/2024	3/17/2024	Returned Passed	62 Click to view Recorded Media
Post Passage	4/25/2024	4/25/2024	Approved by the Governor - Chapter 144
			Text - Chapter - State Investment Portfolio and Local Government Investment Guidelines - Investment Standards

File Code

Subjects

Statutes