Proyectos de ley › 91.ª Asamblea General
Relating to interest on state moneys invested in depository time certificates of deposit
Presentado por Sen. Lynn Evans (R)
Dónde está ahora
- Hecho: Presentado10 de febrero de 2025
- Hecho: Subcomité18 de febrero de 2025
- Se detuvo: Comité del SenadoMurió al terminar la Asamblea General
- Sigue: Lo aprueba el Senado
- Sigue: Comité de la CámaraEmbudo: antes del 20 de marzo de 2026
- Sigue: Lo aprueba la Cámara
- Sigue: A gobernador(a)
- Sigue: Firmado como ley
Murió al terminar la sesión La sesión de 2026 terminó el 3 de mayo de 2026, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?
Qué contiene
Resumen con IA Currently, state money put into time certificates of deposit (CDs) must earn a certain amount of interest set by the state treasurer. This new law would change that rule so these investments must earn at least half of the federal funds rate. This change affects public bodies and officers when they invest their money in these types of accounts. (Todavía no está traducido al español.)1
Lea la explicación oficial (en inglés)
Under current law, state moneys invested in a depository time certificate of deposit (CD) must earn interest at no less than the rate established by the treasurer of state for state moneys placed in a time deposit. This bill requires that such a CD interest rate be at least one-half of the effective federal funds rate, as published by the federal reserve bank of New York. By operation of law, this applies to investments in CDs by a public body or officer other than the treasurer of state (Code section 12C.6(3)).
Senate subcommittee
Named February 18, 2025. It hasn’t reported yet.
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