SENATE BILL 288

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)