SB 439
Increases the investment limit in linked deposits by the State Treasurer
Sponsor:
LR Number:
2171S.01I
Last Action:
5/17/2019 - Formal Calendar S Bills for Perfection--SB 439-Brown
Journal Page:
Title:
Calendar Position:
5
Effective Date:
August 28, 2019

Current Bill Summary

SB 439 - This act increases the total amount that the State Treasurer may invest in linked deposits from $720 million to $800 million. The act also increases the amount of that $800 million that may be invested in small businesses from $110 million to $190 million.

This act is substantially similar to HB 1029 (2019).

SCOTT SVAGERA

Amendments

No Amendments Found.