SB 1360: Public Deposits
GENERAL BILL by Ingoglia
Public Deposits; Adding credit unions to a list of financial institutions that are eligible to be qualified public depositories; authorizing the Chief Financial Officer to limit the amount of public deposits a credit union may hold; specifying the losses against which certain solvent banks, savings banks, savings associations, and credit unions must guarantee public depositors; requiring the Chief Financial Officer to segregate and separately account for proceeds, assessments, and administrative penalties attributable to a credit union from those attributable to other specified financial institutions, etc.
Last Action: 5/5/2023 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Bill History
Date | Chamber | Action |
---|---|---|
3/1/2023 | Senate |
• Filed |
3/6/2023 | Senate |
• Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy |
3/7/2023 | Senate |
• Introduced |
5/5/2023 | Senate |
• Died in Banking and Insurance |