SF0145HS001

Adopted

Sponsor:

Chamber: House

Stage: Standing Committee

What does this amendment do?

This amendment changes the authorization for local governments to invest in equities from discretionary (may) to mandatory (shall).

Changes 'may invest' to 'shall invest' on page 2, line 13 of the bill, making it mandatory rather than optional for treasurers and boards of political subdivisions, municipalities, and special districts to have the authority to invest in equities as specified in paragraph (xxix). (Page 2, line 13)

Committee Vote

H02 - Appropriations:Recommend Amend and Do Pass 7-0-0-0-0

Recommended

2/20/2025HouseYea 7Nay 0

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