SB 452 – Repeals law prohibiting interested investment and bond counsel firms from involvement in bond issuance

• Sponsor: Dolan
• LR Number: 1868S.01I
• Committee: Financial & Governmental Organizations and Elections
• Last Action: 3/7/2005 - Hearing Conducted S Financial & Governmental Organizations and Elections Committee
• Effective Date: August 28, 2005

Current Bill Summary

SB 452 - This act repeals Section 409.107. This section prohibits investment firms and legal firms offering bond services from being involved in the issuance of bonds authorized by an election in which the firm made a contribution to any campaign in support of the election.

JIM ERTLE