SB 2430: Public Deposits/Security [CPSC]
GENERAL BILL by Smith
Public Deposits/Security [CPSC]; Provides additional parameters for determining pledging levels for each qualified public depository. Provides a procedure by which a qualified public depository may become an electing public depository. Provides that such a depository may terminate its election upon written notice to the Chief Financial Officer (CFO). Authorizes the CFO to deny such revocation upon consideration of specified factors, etc.
Effective Date: 07/01/2010
Last Action: 4/30/2010 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 4/30/2010 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/25/2010 Senate • Filed
3/4/2010 Senate • Referred to Banking and Insurance; Governmental Oversight and Accountability; General Government Appropriations -SJ 00208
3/11/2010 Senate • Introduced -SJ 00208
3/19/2010 Senate • On Committee agenda-- Banking and Insurance, 03/24/10, 1:15 pm, 412-K --Temporarily postponed
4/30/2010 Senate • Died in Committee on Banking and Insurance
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SB 2430, Original Filed Version (Current Bill Version) Posted 2/25/2010 at 11:55 AM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Post-Meeting) (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location H 989 Public Depositories Stargel Similar Last Action: 4/30/2010 H Died in Committee on Governmental Affairs Policy (EDCA)
Location:Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 814524 - Amendment
Banking and Insurance
(Smith)3/23/2010
12:16 PMPDF Citations - Statutes (4)
Citation Catchline Location in Bill Location In Bill Help 280.02 Definitions. 280.04 Collateral for public deposits; general provisions. 280.07 Mutual responsibility and contingent liability. 280.08 Procedure for payment of losses.