Amendment S-5164 to SF 2286
Relating to the investment of public funds, and making penalties applicable
Adopted · April 8, 2026
Filed April 8, 2026 in the Senate by Sen. Mike Bousselot (R)
What it changes
- Page 1, line 21, after “
- ” by inserting “a.”
- Page 1, line 21, by striking “A” and inserting “Beginning April 30, 2027, a”
- Page 1, after line 27 by inserting: “b. A political subdivision that exceeds the twenty-five percent limit solely as a result of fluctuations in fund balances, earnings, or valuation is not in violation of this subsection if the political subdivision acts in good faith to restore compliance within 30 days.”
- Page 2, by striking lines 13 through 18.