Investment of public funds; removes requirement that public funds must be invested in certificates. (HB284)
Introduced By
Del. Don Merricks (R-Danville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Investment of public funds; deposits. Removes the requirement that public funds must be invested in certificates of deposit. The funds must still be deposited with a federally insured bank or savings institution qualified by the Virginia Treasury Board and the full amount of principal and interest must be covered by federal deposit insurance. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/11/2010 | Committee |
01/11/2010 | Prefiled and ordered printed; offered 01/13/10 10103669D |
01/11/2010 | Referred to Committee on Appropriations |
01/19/2010 | Assigned App. sub: Compensation and Retirement |
01/19/2010 | Assigned App. sub: Technology Oversight and Government Activities |
01/27/2010 | Impact statement from DPB (HB284) |
02/02/2010 | Subcommittee recommends reporting (7-Y 0-N) |
02/03/2010 | Reported from Appropriations (22-Y 0-N) (see vote tally) |
02/08/2010 | Read first time |
02/09/2010 | Read second time and engrossed |
02/10/2010 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
02/10/2010 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
02/11/2010 | Constitutional reading dispensed |
02/11/2010 | Referred to Committee on Finance |
02/17/2010 | Reported from Finance (13-Y 0-N) (see vote tally) |
02/18/2010 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
02/19/2010 | Read third time |
02/19/2010 | Passed Senate (40-Y 0-N) (see vote tally) |
02/22/2010 | Enrolled |
02/22/2010 | Bill text as passed House and Senate (HB284ER) |
02/23/2010 | Signed by Speaker |
02/23/2010 | Signed by President |
03/01/2010 | Impact statement from DPB (HB284ER) |
03/04/2010 | G Approved by Governor-Chapter 33 (effective 7/1/10) |
03/04/2010 | G Acts of Assembly Chapter text (CHAP0033) |