BILL · 2015–16 SESSION

HB 1304: Public funds/recip. deposits

Allowing a public depository to arrange for reciprocal deposits of public funds.

Summary

  • Creates an exemption to the prohibition against the deposit of public funds in out-of-state institutions, if certain requirements are met.

From the House Bill Report (HB 1304), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 16, 2015
  2. Out of committeeJan 23, 2015
  3. Passed HouseFeb 19, 2015
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Steve Kirby (D-29)
Introduced
January 16, 2015 in the House
Last action
March 10, 2016
Companion bill
SB 5265
Budget
Has a fiscal note

AN ACT Relating to allowing a public depository to arrange for reciprocal deposits of public funds;

Sponsors

Prime sponsor: Steve Kirby (D-29)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

House · Final Passage

Passed February 19, 2015
Version voted on: HB 1304
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat50001
Republican47000
How each member voted

Yea (97)

Excused (1)

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. By resolution, returned to House Rules Committee for third reading.
  7. Referred to Rules.
  8. Placed on second reading by Rules Committee.
  9. FI - Majority; do pass.
  10. Passed to Rules Committee for second reading.
  11. First reading, referred to Financial Institutions & Insurance.
  12. Rules suspended. Placed on Third Reading.
  13. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  14. Placed on second reading by Rules Committee.
  15. Referred to Rules 2 Review.
  16. BFS - Executive action taken by committee.
  17. BFS - Majority; do pass.
  18. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).

HB 1304 in other sessions

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

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