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Glossary of Legislative Terms

SB 1998: Investment of Public Funds

GENERAL BILL by Alexander

Investment of Public Funds; authorizes state & units of local government, respectively, to invest public funds in certificates of deposit of federally insured banks or savings & loan associations, which certificates are procured through qualified public depositories; prescribes conditions for such investments & depositories. Amends 17.57, 218.415.

Effective Date: 07/01/2005
 Last Action: 5/3/2005 Senate - Placed on Special Order Calendar -SJ 00886; Read second time -SJ 00835; Amendment(s) adopted -SJ 00835; Substituted HB 871 -SJ 00835; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 871 (Ch. 2005-126)
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Bill History

Date Chamber Action
3/3/2005 Senate • Filed
3/16/2005 Senate • Introduced, referred to Banking and Insurance; Governmental Oversight and Productivity; Ways and Means -SJ 00199
3/31/2005 Senate • On Committee agenda-- Banking and Insurance, 04/05/05, 3:15 pm, 412-K
4/5/2005 Senate • Favorable by Banking and Insurance; YEAS 10 NAYS 0 -SJ 00349
4/6/2005 Senate • Now in Governmental Oversight and Productivity -SJ 00349
4/15/2005 Senate • On Committee agenda-- Governmental Oversight and Productivity, 04/20/05, 9:15 am, 110-S
4/20/2005 Senate • Favorable by Governmental Oversight and Productivity; YEAS 5 NAYS 0 -SJ 00524; Now in Ways and Means -SJ 00524
4/28/2005 Senate • Withdrawn from Ways and Means -SJ 00689; Placed on Calendar, on second reading
5/3/2005 Senate • Placed on Special Order Calendar -SJ 00886; Read second time -SJ 00835; Amendment(s) adopted -SJ 00835; Substituted HB 871 -SJ 00835; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 871 (Ch. 2005-126)