Investment of Public Funds Act; authorized through Certificate of Deposit Account Registry Service. (SB399)
Introduced By
Sen. Phil Puckett (D-Tazewell) with support from co-patron Sen. Roscoe Reynolds (D-Martinsville)
Progress
√ |
Introduced |
√ |
Passed Committee |
√ |
Passed House |
√ |
Passed Senate |
√ |
Signed by Governor |
√ |
Became Law |
Description
Investment of Public Funds Act; Certificate of Deposit Account Registry Service. Authorizes the investment of public funds through the Certificate of Deposit Account Registry Service offered by banks and savings institutions in Virginia. Amends § 2.2-4518 (“Investment of funds in deposits.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Passed
View Bill's History
