BILL · 1991–92 SESSION

SB 6171: Public funds investment

Defining money market fund and mutual fund for the sole purpose of investing public funds.

Summary

  • The definitions of mutual fund and money market fund as used for the investment of public funds are modified. A mutual fund or money market fund does not have to post a bond with the State Risk Manager.

From the Senate Bill Report (SB 6171), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 20, 1992
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Bob McCaslin (R-4)
Introduced
January 20, 1992 in the Senate
Last action
January 20, 1992
Requested by
State agency

Sponsors

Prime sponsor: Bob McCaslin (R-4)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 6171 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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