BILL · 1997–98 SESSION · LATEST VERSION SSB 6276

SB 6276: Linked deposit program

Participating in the linked deposit program.

Summary

  • Instead of depositing all the funds made available to the program as it is currently constituted, $12.5 million of the available funds are deposited in public depositaries at market interest rates. The depositary receiving deposits under this program at market rates remits 2 percentage points of interest to qualifying community development financial institutions.

From the Senate Bill Report (SB 6276), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 14, 1998
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Shirley Winsley (R-28)
Introduced
January 14, 1998 in the Senate
Last action
February 25, 1998
Versions
SB 6276, SSB 6276

Sponsors

Prime sponsor: Shirley Winsley (R-28)

3 co-sponsors (1 Democrat, 2 Republicans)

Votes

No recorded floor votes.

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 6276 in other sessions

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

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