SB 657 – Increases the limit on investments in linked deposits by the State Treasurer

• Sponsor: Crawford
• LR Number: 2632S.01I
• Last Action: 2/23/2023 - S First Read
• Journal Page: S428
• Effective Date: August 28, 2023

Current Bill Summary

SB 657 - Under current law, the state treasurer is permitted to invest in linked deposits in an amount up to $800 million at any one time. This act increases that threshold to $1 billion.

This act is identical to HB 1109 (2023).

SCOTT SVAGERA

Amendments

No Amendments Found.