SB299 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Security for Alabama Funds Enhancement (SAFE) Act, qualified public depository, definition to include a National Credit Union Share Insurance Fund, Sec. 41-14A-2 am'd.
Description
<p class="bill_description"> Under existing law, all covered public
entities and covered public officials are required
to place their funds in one or more qualified
public depositories pursuant to the Security for
Alabama Funds Enhancement Program (SAFE Program)
administered by the State Treasurer</p><p class="bill_description">
This bill would amend certain definitions</p><p class="bill_entitled_an_act"> To amend Section 41-14A-2 of the Code of Alabama
1975, the Security for Alabama Funds Enhancement (SAFE) Act,
to amend certain definitions.
</p>
Subjects
Banks and Banking
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 16, 2012 | Referred to Committee on Banking and Insurance | |
| February 14, 2012 | Read for the first time and referred to the Senate committee on Governmental Affairs |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB299 Alabama 2012 Session - Introduced |