HOUSE BILL 694

Sponsored By:

Delegate Heller (Joint Committee on the Management of Public Funds)

Entitled:

State Treasury - Public Funds - Collateral for Deposits

Synopsis:

Clarifying that obligations of specified government-sponsored enterprises may be used to secure public funds on deposit with financial institutions.

History by Legislative Date

House Action

2/11

First Reading Appropriations

2/18

Hearing 3/6 at 1:30 p.m.

3/30

Favorable with Amendments Report by Appropriations

3/28

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/29

Third Reading Passed (136-0)

4/7

Return Passed

5/12

Signed by the Governor Chapter 501

Senate Action

3/31

First Reading Senate Rules

4/6

Re-referred Budget and Taxation

4/9

Favorable Report by Budget and Taxation

Favorable Report Adopted

Second Reading Passed

4/10

Third Reading Passed (46-0)

Sponsored by:

Delegate Henry B. Heller, District 19

Management of Public Funds, Jt. Comm. on the

Bill indexed under the following Subjects:

BANKS AND TRUST COMPANIES

FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U

REVENUE AND TAXES -see also specific taxes -

SECURITY INTERESTS -see also- LIENS

TREASURERS

Bill affects the following Statute:

State Finance and Procurement

( 6-202 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

House

Number: 044249/1 (PDF)     Offered on: March 30, 1998   at: 2:19 p.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

March 29, 1998: Third Reading Passed (136-0)

Senate

April 10, 1998: Third Reading Passed (46-0)