Bills › 89th General Assembly
Relating to the frequency of meetings of a committee created to establish the minimum rate to be earned on state funds placed in time deposits
Where it is now
- Done: IntroducedFebruary 18, 2021
- Done: SubcommitteeMarch 1, 2021
- Done: House committeeMarch 9, 2021
- Stopped: Passes the HouseDied when the General Assembly ended
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary A group of state officials will now meet at least once a year to decide the lowest interest rate the state can earn on its savings. This committee includes the state treasurer, the auditor, and the leaders of banking and credit unions. They can also meet more often if they decide it is necessary.1
Read the official explanation
This bill relates to the frequency of meetings of a committee composed of the superintendent of banking, the superintendent of credit unions, the auditor of state, and the treasurer of state to establish the minimum rate to be earned on state funds placed in time deposits. The bill provides that the committee shall meet at least annually and at other times as the committee may prescribe to establish a minimum rate to be earned on state funds placed in time deposits.
House subcommittee
Named March 1, 2021. Meeting: Thursday, March 4 · 7:30 AM · House Lounge 1.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part