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CS/HB 7095: Investment of Local Government Surplus Funds

GENERAL BILL by Policy & Budget Council ; Government Efficiency & Accountability Council ; Domino

Investment of Local Government Surplus Funds; Permits Local Government Surplus Funds Trust Fund to contract with professional money management firm to manage fund; establishes objectives; revises administration of trust fund; provides for standards of care & internal controls; provides for reports; requires annual financial audit; creates Participant Local Government Advisory Council; provides for members, terms, filling of vacancies, & officers, etc.

Effective Date: Upon becoming law
Last Action: 4/25/2008 House - Placed on Special Order Calendar; Substituted CS/SB 2422; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 7097 (Ch. 2008-93), CS/SB 2422 (Ch. 2008-59) -HJ 00921
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
4/9/2008 House • Filed; Introduced -HJ 00454
4/10/2008 House • Referred to Policy & Budget Council -HJ 00490
4/11/2008 House • On Council agenda-- Policy & Budget Council, 04/15/08, 9:00 am, 212-K
4/15/2008 House • CS by- Policy & Budget Council; YEAS 30 NAYS 0 -HJ 00614
4/17/2008 House • CS read 1st time on 04/17/08 -HJ 00611; CS filed; Placed on Calendar -HJ 00681
4/22/2008 House • Placed on Special Order Calendar; Temporarily postponed, on 2nd Reading -HJ 00696
4/25/2008 House • Placed on Special Order Calendar; Substituted CS/SB 2422; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 7097 (Ch. 2008-93), CS/SB 2422 (Ch. 2008-59) -HJ 00921