HB 1473 Modifies provisions of law relating to bidding procedures for county depositaries

     Handler: Wasson

Current Bill Summary

- Prepared by Senate Research -


SCS/HB 1473 - Under current law, banking corporations or associations bidding to become the depositaries of the funds of a county are required to submit a certified check not less than the proportion of one and one-half percent of the county general revenue of the preceding year. This act changes that to an amount not less than $2,500.

This act is identical to SB 660 (2016).

SCOTT SVAGERA


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