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.
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
-
CS/HB 7095, Committee Substitute 1 (Current Bill Version) Posted 4/17/2008 at 11:40 AM
Bill Text: Web Page | PDF Analyses: Policy & Budget Council (Post-Meeting) (pdf)
Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location H 7097 (c1) Domino Compare Last Action: 5/28/2008 Approved by Governor; Chapter No. 2008-93; See also CS/SB 2422 (Ch. 2008-59)
Location:H 7099 (c1) Fund B Surplus Funds Trust Fund Domino Compare Last Action: 5/2/2008 H Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/HB 7097 (Ch. 2008-93), CS/SB 2422 (Ch. 2008-59)
Location:S 2422 (e2) Alexander Compare Last Action: 5/28/2008 Approved by Governor; Chapter No. 2008-59; See also CS/HB 7097 (Ch. 2008-93)
Location:Citations - Statutes (7)
Citation Catchline Location in Bill Location In Bill Help 218.401 Purpose. 218.403 Definitions. 218.405 Local Government Surplus Funds Trust Fund; creation. 218.407 Local government investment authority. 218.409 Administration of the trust fund. 218.411 Authorization for state technical and advisory assistance. 218.412 Rulemaking authority. -
HB 7095, Original Filed Version Posted 4/9/2008 at 4:08 PM
Bill Text: Web Page | PDF Analyses: Government Efficiency & Accountability Council (Post-Meeting) (pdf)
Policy & Budget Council (Post-Meeting) (pdf)
Citations - Statutes (7)
Citation Catchline Location in Bill Location In Bill Help 218.401 Purpose. 218.403 Definitions. 218.405 Local Government Surplus Funds Trust Fund; creation. 218.407 Local government investment authority. 218.409 Administration of the trust fund. 218.411 Authorization for state technical and advisory assistance. 218.412 Rulemaking authority.