HB 49 Alabama House · 2023 Regular Session

Relating to the State Treasurer; to create the Alabama Local Government Investment Pool Program within the Office of the State Treasurer to allow state and local public entities to deposit monies in an investment pool administered by the treasurer; to provide parameters for investments; to authorize the treasurer to take certain actions to administer the program; to establish the Alabama Local Government Investment Advisory Board and provide for its membership and duties; and to provide further for the Office of the State Treasurer's travel expenses.

Summary
State Treasurer, Alabama Local Government Investment Pool Program and Alabama Local Government Investment Advisory Board created, parameters of program and duties of treasurer established.
Bill status died 1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
Governor
Introduced Mar 6, 2023 Last action May 31, 2023
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
9
Key actions
2
Committee
2
Mar 22, 2023
Lower · Passed
Reported Out of Committee in House of Origin
lower
Mar 22, 2023
Lower · Passed
Reported Favorably (State Government)
lower
Mar 6, 2023
Introduced
Introduced and Referred (State Government)
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Reed Ingram
Reed Ingram
RRepublican
AL
75