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HB280 Alabama 2012 Session

Updated Jul 25, 2021

Summary

Session
Regular Session 2012
Title
State funds, investment of, expanding types of investments eligible for state depositories; Sec. 41-14-30 am'd
Description

This bill would amend Section 41-14-30 of the Code of Alabama 1975, to expand the types of bank investment products that are eligible for deposit of State Treasury monies, remove the limit restriction for investment in US Treasury and agency obligations, and allow short-term investment in other instruments.

Subjects
State Funds

Bill Actions

Clouse motion to Indefinitely Postpone adopted Voice Vote

Clouse motion to Substitute a Companion Bill adopted Voice Vote

Motion to Adopt adopted Roll Call 634

Financial Services Amendment Offered

Third Reading Indefinitely Postponed

Read for the second time and placed on the calendar 1 amendment

Read for the first time and referred to the House of Representatives committee on Financial Services

Bill Text

Votes

Documents

Source: Alabama Legislature