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2010 SESSION
HB 284 Investment of public funds; removes requirement that public funds must be invested in certificates.
Introduced by: Donald W. Merricks | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
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.
FULL TEXT
- 01/11/10 House: Prefiled and ordered printed; offered 01/13/10 10103669D pdf | impact statement
- 02/22/10 House: Bill text as passed House and Senate (HB284ER) pdf | impact statement
- 03/04/10 Governor: Acts of Assembly Chapter text (CHAP0033) pdf
HISTORY
- 01/11/10 House: Prefiled and ordered printed; offered 01/13/10 10103669D
- 01/11/10 House: Referred to Committee on Appropriations
- 01/19/10 House: Assigned App. sub: Technology Oversight and Government Activities
- 02/02/10 House: Subcommittee recommends reporting (7-Y 0-N)
- 02/03/10 House: Reported from Appropriations (22-Y 0-N)
- 02/08/10 House: Read first time
- 02/09/10 House: Read second time and engrossed
- 02/10/10 House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
- 02/10/10 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 02/11/10 Senate: Constitutional reading dispensed
- 02/11/10 Senate: Referred to Committee on Finance
- 02/17/10 Senate: Reported from Finance (13-Y 0-N)
- 02/18/10 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/19/10 Senate: Read third time
- 02/19/10 Senate: Passed Senate (40-Y 0-N)
- 02/22/10 House: Enrolled
- 02/22/10 House: Bill text as passed House and Senate (HB284ER)
- 02/23/10 House: Signed by Speaker
- 02/23/10 Senate: Signed by President
- 03/04/10 Governor: Approved by Governor-Chapter 33 (effective 7/1/10)
- 03/04/10 Governor: Acts of Assembly Chapter text (CHAP0033)