CS/SB 1674: Unrated Bonds
GENERAL BILL by Community Affairs ; Calatayud ; (CO-INTRODUCERS) Fine ; Polsky
Unrated Bonds; Prohibiting local governments from requiring minimum bond ratings for certain investments, etc.
Effective Date: 7/1/2025
Last Action: 4/24/2025 Senate - Laid on Table, refer to CS/CS/HB 669 -SJ 542
Bill Text: Web Page | PDF
Last Action: 4/24/2025 Senate - Laid on Table, refer to CS/CS/HB 669 -SJ 542
Bill Text: Web Page | PDF
Senate Committee References:
- Community Affairs (CA)
- Fiscal Policy (FP)
- Rules (RC)
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Bill History
Date Chamber Action 2/28/2025 Senate • Filed
3/7/2025 Senate • Referred to Community Affairs; Governmental Oversight and Accountability; Rules
3/10/2025 Senate • Introduced
3/26/2025 Senate • On Committee agenda-- Community Affairs, 03/31/25, 4:00 pm, 37 Senate Building
3/31/2025 Senate • CS by Community Affairs; YEAS 8 NAYS 0
4/1/2025 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Original reference(s) removed: Governmental Oversight and Accountability
• Remaining references corrected to Fiscal Policy; Rules
• Now in Fiscal Policy
4/2/2025 Senate • CS by Community Affairs read 1st time
4/14/2025 Senate • On Committee agenda-- Fiscal Policy, 04/17/25, 9:00 am, 412 Knott Building
4/17/2025 Senate • Favorable by Fiscal Policy; YEAS 17 NAYS 0
• Now in Rules
• On Committee agenda-- Rules, 04/21/25, 2:00 pm, 412 Knott Building
4/21/2025 Senate • Favorable by- Rules; YEAS 23 NAYS 0
4/22/2025 Senate • Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 04/24/25
4/24/2025 Senate • Read 2nd time -SJ 541
• Substituted CS/CS/HB 669 -SJ 542
• Laid on Table, refer to CS/CS/HB 669 -SJ 542
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CS/SB 1674, Committee Substitute 1 (Current Bill Version) Posted 4/1/2025 at 5:01 PM
Bill Text: Web Page | PDF Analyses: Fiscal Policy (Pre-Meeting) 4/16/2025 (pdf)
Fiscal Policy (Post-Meeting) 4/17/2025 (pdf)
Rules (Pre-Meeting) 4/18/2025 (pdf)
Rules (Post-Meeting) 4/21/2025 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 669 (er) Israeli Bonds State Affairs Committee Identical Last Action: 4/24/2025 H Ordered enrolled Committee Votes (2)
Date Committee Result 4/17/2025 9:00 AM Fiscal Policy 17 Yeas - 0 Nays 4/21/2025 2:00 PM Rules 23 Yeas - 0 Nays Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 218.415 Local government investment policies. Page 1 (pdf) -
SB 1674, Original Filed Version Posted 2/28/2025 at 9:38 AM
Bill Text: Web Page | PDF Analyses: Community Affairs (Pre-Meeting) 3/28/2025 (pdf)
Community Affairs (Post-Meeting) 4/1/2025 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 669 (c1) Unrated Bonds State Affairs Committee Similar Last Action: 4/24/2025 H Ordered enrolled Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 555350 - Amendment
Delete lines 32 - 34 and insert:Community Affairs
(Fine)3/28/2025
11:41 AMReplaced by Committee Substitute
4/1/2025Web Page
PDFCommittee Votes (1)
Date Committee Result 3/31/2025 4:00 PM Community Affairs 8 Yeas - 0 Nays Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 218.415 Local government investment policies. Page 1 (pdf)