HB280 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
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
To amend Section 41-14-30, Code of Alabama 1975, relating to deposit of state funds in qualified public depositories; to expand the types of investments in which the State Treasurer may invest.
Subjects
State Funds
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 10, 2012 | Clouse motion to Indefinitely Postpone adopted Voice Vote | |
| April 10, 2012 | Clouse motion to Substitute a Companion Bill adopted Voice Vote | |
| April 10, 2012 | Motion to Adopt adopted Roll Call 634 | |
| April 10, 2012 | Financial Services Amendment Offered | |
| April 10, 2012 | Third Reading Indefinitely Postponed | |
| February 16, 2012 | Read for the second time and placed on the calendar 1 amendment | |
| February 9, 2012 | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB280 Alabama 2012 Session - Introduced |