Investment of Public Funds Act; investment of public funds in Virginia Investment Pool Trust Fund. (HB2105)
Introduced By
Del. Kathy Byron (R-Lynchburg)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
✓ |
Became Law |
Description
Investment of Public Funds Act; investment of funds in the Virginia Investment Pool Trust Fund. Authorizes public officers, municipal corporations, and other political subdivisions to invest any or all of the moneys belonging to them or within their control, other than sinking funds, in the Virginia Investment Pool Trust Fund administered by the Virginia Local Government Finance Corporation, provided that such investments comply with the requirements of the Investment of Public Funds Act ( 2.2-4500 et seq.) applicable to municipal corporations and other political subdivisions. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/10/2017 | Committee |
01/10/2017 | Prefiled and ordered printed; offered 01/11/17 17102038D |
01/10/2017 | Referred to Committee on General Laws |
01/16/2017 | Assigned GL sub: Subcommittee #4 |
01/18/2017 | Impact statement from DPB (HB2105) |
01/19/2017 | Referred from General Laws |
01/19/2017 | Referred to Committee on Finance |
01/20/2017 | Assigned Finance sub: Subcommittee #1 |
01/25/2017 | Subcommittee recommends reporting with substitute (8-Y 1-N) |
01/30/2017 | Reported from Finance with substitute (20-Y 2-N) (see vote tally) |
01/30/2017 | Committee substitute printed 17104744D-H1 |
01/31/2017 | Impact statement from DPB (HB2105H1) |
01/31/2017 | Read first time |
02/01/2017 | Read second time |
02/01/2017 | Committee substitute agreed to 17104744D-H1 |
02/01/2017 | Engrossed by House - committee substitute HB2105H1 |
02/02/2017 | Read third time and passed House (92-Y 3-N) |
02/02/2017 | VOTE: PASSAGE (92-Y 3-N) (see vote tally) |
02/03/2017 | Constitutional reading dispensed |
02/03/2017 | Referred to Committee on Finance |
02/14/2017 | Reported from Finance with substitute (16-Y 0-N) (see vote tally) |
02/14/2017 | Committee substitute printed 17105291D-S1 |
02/15/2017 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/15/2017 | Impact statement from DPB (HB2105S1) |
02/16/2017 | Read third time |
02/16/2017 | Reading of substitute waived |
02/16/2017 | Committee substitute agreed to 17105291D-S1 |
02/16/2017 | Engrossed by Senate - committee substitute HB2105S1 |
02/16/2017 | Passed Senate with substitute (39-Y 0-N) (see vote tally) |
02/16/2017 | Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (see vote tally) |
02/16/2017 | Passed Senate with substitute (40-Y 0-N) (see vote tally) |
02/20/2017 | Placed on Calendar |
02/20/2017 | Senate substitute agreed to by House 17105291D-S1 (92-Y 1-N) |
02/20/2017 | VOTE: ADOPTION (92-Y 1-N) (see vote tally) |
02/23/2017 | Enrolled |
02/23/2017 | Bill text as passed House and Senate (HB2105ER) |
02/23/2017 | Signed by Speaker |
02/24/2017 | Impact statement from DPB (HB2105ER) |
02/24/2017 | Signed by President |
02/28/2017 | Enrolled Bill communicated to Governor on 2/28/17 |
02/28/2017 | G Governor's Action Deadline Midnight, March 27, 2017 |
03/24/2017 | Governor's recommendation received by House |
04/05/2017 | Placed on Calendar |
04/05/2017 | House concurred in Governor's recommendation (97-Y 0-N) |
04/05/2017 | VOTE: ADOPTION (97-Y 0-N) (see vote tally) |
04/05/2017 | Senate concurred in Governor's recommendation (40-Y 0-N) (see vote tally) |
04/05/2017 | G Governor's recommendation adopted |
04/05/2017 | Reenrolled |
04/05/2017 | Reenrolled bill text (HB2105ER2) |
04/05/2017 | Signed by Speaker as reenrolled |
04/05/2017 | Signed by President as reenrolled |
04/05/2017 | Enacted, Chapter 792 (effective 7/1/17) |
04/05/2017 | G Acts of Assembly Chapter text (CHAP0792) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 4 clips in all, totaling 4 minutes.
Transcript
This is a transcript of the video clips in which this bill is discussed.
Del. Bill Howell (R-Fredericksburg): AS MANY AS FAVOR THAT MOTION SAY AYE. OPPOSED NO. OWE -- AS MANY AS FAVOR THE MOTION RAISE YOUR RIGHT HAND. THOSE OPPOSED, SAME SIGN. >> HOUSE WILL COME TO ORDER. THE BILL FAILS TO BE ENGROSSED AND PASSED TO THIRD READING. >> MR. SPEAKER, AYES AND NAY'S AND DIVISION TO GET IT ON THE BOARD? AYES AND NAY'S? WHICH DO YOU WANT, DIVISION OR AYES AND NAY'S? AYES AND NAY'S. SHALL THE BILL BE ENGROSSED AND PASSED TO THIRD READING. AS MANY AS FAVOR THAT MOTION VOTE AYE. CLERK WILL CLOSE THE ROLL.
[Unknown]: AYES 45, NO'S 49. THE BILL FAILS TO BE
SR 146 BE CONSIDERED IN THE BLOCK IN THE USUAL MANNER, WAIVING THE READING OF THE RESOLUTIONS THEREOF WITH THE UNDERSTANDING THAT ANY SENATOR DESIRING A RESOLUTION REMOVED FROM THE BLOCK WOULD DO SO AFTER THE CLERK HAS READ THE TITLE OF THE RESOLUTION. ALL IN FAVOR OF THE MOTION SAY AYE. THOSE OPPOSED, NO. THE AYES HAVE IT. THE MOTION IS AGREED TO.