BILL · 2019–20 SESSION

SB 5306: Treasurer invest. portfolios

Creating the capacity for the state treasurer's office to provide separately managed investment portfolios to eligible governmental entities.

Summary

  • Creates a trust fund for separately managed local governmental funds.
  • Creates a trust fund for separately managed state agency funds.
  • Creates a non-appropriated, separately managed state treasurer's service account.

From the Senate Bill Report (SB 5306), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 17, 2019
  2. Out of committeeFeb 5, 2019
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Mark Mullet (D-5)
Introduced
January 17, 2019 in the Senate
Last action
January 13, 2020
Requested by
State agency
Companion bill
HB 1284
Budget
Has a fiscal note

AN ACT Relating to creating the capacity for the state treasurer's office to provide separately managed investment portfolios to eligible governmental entities;

Sponsors

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status.
  2. Senate Rules "X" file.
  3. Passed to Rules Committee for second reading.
  4. Minority; without recommendation.
  5. WM - Majority; do pass.
  6. First reading, referred to Ways & Means.

SB 5306 in other sessions

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

Report wrong or missing information on this page