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SB282 Alabama 2012 Session

Updated Jan 10, 2026
SB282 Alabama 2012 Session
Senate Bill
Enacted
Current Status
Regular Session 2012
Session
1
Sponsor

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

Delivered to Governor at 3:40 p.m. on April 10, 2012

Assigned Act No. 2012-208.

Enrolled

Signature Requested

Passed Second House

Motion to Read a Third Time and Pass adopted Roll Call 636

Third Reading Passed

Read for the second time and placed on the calendar

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

Engrossed

Motion to Read a Third Time and Pass adopted Roll Call 374

Taylor motion to Adopt adopted Roll Call 373

Governmental Affairs Amendment Offered

Third Reading Passed

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

Read for the first time and referred to the Senate committee on Governmental Affairs

Bill Text

Votes

Motion to Read a Third Time and Pass

March 25, 2012 Senate Passed
Yes 30
Absent 5

Motion to Read a Third Time and Pass

April 10, 2012 House Passed
Yes 93
Absent 12

Documents

Source: Alabama Legislature