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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
Senate Committee References:
  1. Community Affairs (CA)
  2. Fiscal Policy (FP)
  3. 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)

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  • 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 AM
    Replaced by Committee Substitute
    4/1/2025
    Web Page
    PDF

    Committee 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)

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