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Glossary of Legislative Terms

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.

Effective Date: 7/1/2011
 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
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. 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 Law     		Track This Bill

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    152682 - Amendment
    Delete lines 62 - 94.     		Ring 5/3/2011
    1:28 PM     		Senate: Adopted
    5/3/2011     		Web Page
    PDF

    Citations - 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)

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  • SB 1182, Original Filed Version Posted 2/17/2011 at 9:47 AM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Oversight and Accountability (Pre-Meeting) 3/22/2011 (pdf)
    Governmental Oversight and Accountability (Post-Meeting) 4/7/2011 (pdf)
    Budget (Pre-Meeting) 4/21/2011 (pdf)
    Budget (Post-Meeting) 4/26/2011 (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 Law     		Track This Bill

    Committee 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 PM     		Withdrawn
    4/5/2011     		Web Page
    PDF
    927814 - Amendment
    Delete lines 18 - 59 and insert:     		Governmental Oversight and Accountability
    (Ring)     		3/29/2011
    7:00 PM     		Withdrawn
    4/5/2011     		Web Page
    PDF
    849726 - Amendment
    Delete lines 18 - 59 and insert:     		Governmental Oversight and Accountability
    (Latvala)     		4/5/2011
    5:49 PM
    (Late Filed)     		Favorable
    4/5/2011     		Web Page
    PDF
    hierarchy 656642 - Amendment to Amendment (849726)
    Delete lines 5 - 208 and insert:     		Budget
    (Richter)     		4/22/2011
    11:15 AM     		Withdrawn
    4/26/2011     		Web Page
    PDF
    hierarchy 660168 - Substitute Amendment (849726)
    Delete lines 18 - 59 and insert:     		Budget
    (Richter)     		4/25/2011
    2:09 PM
    (Late Filed)     		Replaced by Committee Substitute
    4/26/2011     		Web Page
    PDF

    Committee 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)

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