CS/SB 1182: State Board of Administration
GENERAL BILL by Budget ; Ring
State Board of Administration; Authorizes the board to invest the assets of a governmental entity in the Local Government Surplus Funds Trust Fund without a trust agreement with that governmental entity. Provides that certain investments made by the board under a trust agreement are subject only to the restrictions and limitations contained in the trust agreement. Reduces the number of members on the Investment Advisory Council. Corrects cross-references. Clarifies provisions prohibiting certain conflicts of interest by investment advisers and managers retained by the board.
Last Action: 5/3/2011 Senate - Laid on Table, companion bill(s) passed, see HB 7155 (Ch. 2011-100) -SJ 757
Bill Text: Web Page | PDF
- Governmental Oversight and Accountability (GO)
- Budget (BC)
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Bill History
Date Chamber Action 2/17/2011 Senate • Filed
3/1/2011 Senate • Referred to Governmental Oversight and Accountability; Budget -SJ 89
3/8/2011 Senate • Introduced -SJ 88
3/18/2011 Senate • On Committee agenda-- Governmental Oversight and Accountability, 03/23/11, 3:15 pm, 110 Senate Office Building --Temporarily Postponed
3/25/2011 Senate • On Committee agenda-- Governmental Oversight and Accountability, 03/30/11, 3:45 pm, 110 Senate Office Building --Not Considered
3/31/2011 Senate • On Committee agenda-- Governmental Oversight and Accountability, 04/05/11, 3:30 pm, 110 Senate Office Building
4/5/2011 Senate • Favorable with 1 amendment(s) by Governmental Oversight and Accountability (849726); YEAS 11 NAYS 0 -SJ 461
4/7/2011 Senate • Pending reference review under Rule 4.7(2) - (Amendments)
• Now in Budget -SJ 461
4/20/2011 Senate • On Committee agenda-- Budget, 04/25/11, 1:15 pm, 412 Knott Building
4/25/2011 Senate • CS by- Budget; YEAS 17 NAYS 0 -SJ 541
4/26/2011 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
4/27/2011 Senate • Placed on Calendar, on 2nd reading -SJ 541
• CS by Budget read 1st time -SJ 542
4/29/2011 Senate • Placed on Special Order Calendar, 05/03/11
5/3/2011 Senate • Read 2nd time -SJ 757
• Amendment(s) adopted (152682) -SJ 757
• Substituted HB 7155 -SJ 757
• Laid on Table, companion bill(s) passed, see HB 7155 (Ch. 2011-100) -SJ 757
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CS/SB 1182, Committee Substitute 1 (Current Bill Version) Posted 4/26/2011 at 7:06 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 7155 (er) State Financial Matters Government Operations Subcommittee Compare Last Action: 5/31/2011 Chapter No. 2011-100
Location: Became LawFloor Amendments (1)
Amendment Sponsor Filed Last Floor Action Format 152682 - Amendment
Delete lines 62 - 94.Ring 5/3/2011
1:28 PMSenate: Adopted
5/3/2011Web Page
PDFCitations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 215.44 Board of Administration; powers and duties in relation to investment of trust funds. Page 1 (pdf) 215.444 Investment Advisory Council. Page 3 (pdf) 215.4755 Certification and disclosure requirements for investment advisers and managers. Page 4 (pdf) -
SB 1182, Original Filed Version Posted 2/17/2011 at 9:47 AM
Bill Text: Web Page | PDF Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 7155 State Financial Matters Government Operations Subcommittee Similar Last Action: 5/31/2011 Chapter No. 2011-100
Location: Became LawCommittee Amendments (5)
Amendment Sponsor Filed Last Committee Action Format 440762 - Amendment
Delete lines 18 - 59 and insert:Governmental Oversight and Accountability
(Ring)3/29/2011
3:39 PMWithdrawn
4/5/2011Web Page
PDF927814 - Amendment
Delete lines 18 - 59 and insert:Governmental Oversight and Accountability
(Ring)3/29/2011
7:00 PMWithdrawn
4/5/2011Web Page
PDF849726 - Amendment
Delete lines 18 - 59 and insert:Governmental Oversight and Accountability
(Latvala)4/5/2011
5:49 PM
(Late Filed)Favorable
4/5/2011Web Page
PDF656642 - Amendment to Amendment (849726)
Delete lines 5 - 208 and insert:Budget
(Richter)4/22/2011
11:15 AMWithdrawn
4/26/2011Web Page
PDF660168 - Substitute Amendment (849726)
Delete lines 18 - 59 and insert:Budget
(Richter)4/25/2011
2:09 PM
(Late Filed)Replaced by Committee Substitute
4/26/2011Web Page
PDFCommittee Votes (2)
Date Committee Result 4/5/2011 3:30 PM Governmental Oversight and Accountability 11 Yeas - 0 Nays 4/25/2011 1:15 PM Budget 17 Yeas - 0 Nays Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 215.44 Board of Administration; powers and duties in relation to investment of trust funds. Page 1 (pdf) 215.4755 Certification and disclosure requirements for investment advisers and managers. Page 3 (pdf)