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HB 2152

Short Title

Authorizing financial institutions to secure governmental unit deposits in excess of the amount insured or guaranteed by the FDIC by utilizing a public moneys pooled method of securities, prohibiting investment advisers that execute bids for the investment of public moneys from managing moneys directly from such bid, allowing municipal bond proceeds and governmental unit deposits to be invested at a rate agreed upon by the governmental unit and the financial institution, establishing certain public moneys investment rates, requiring certification from a governmental unit that deposits in the municipal investment pool fund were first offered to a financial institution in the preceding year and allowing financial institutions to file complaints upon the failure to comply with such certification. (more)

Bill Versions

Version Documents
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Bill History

JPN: Journal Page Number
Date Chamber Status JPN
Mon, Feb 3, 2025 House Hearing: Monday, February 3, 2025, 9:00 AM Room 582-N
Wed, Jan 29, 2025 House Referred to Committee on Financial Institutions and Pensions 142
Wed, Jan 29, 2025 House Introduced 136
2025. Powered by KLISS. Rendered: 2025-02-07T18:35:08. Head Rev No: 116115(I)