SB 660
Modifies provisions of law relating to bidding procedures for county depositaries
Sponsor:
LR Number:
4854S.01T
Last Action:
6/6/2016 - Signed by Governor
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2016
House Handler:

Current Bill Summary

SB 660 - 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 substantially similar to HB 1473 (2016).

SCOTT SVAGERA

Amendments