Local government; provide investment policies
Summary
A BILL to be entitled an Act to amend Title 36 of the O.C.G.A., relating to local government, so as to provide for local government investment policies; to provide scope, investment objectives, and applicability; to amend Code Section 15-6-76.1, relating to investing or depositing funds and depositing funds paid into court registry, so as to update cross references; to amend Code Section 15-16-27, relating to deposit of cash bonds and reserves of professional bondspersons in interest-bearing accounts and disposition of interest, so as to update cross references; to amend Code Section 20-2-411, relating to school fund kept separate, use of funds, separation of school taxes, and investments, so as to authorize additional investment options; to provide for related matters; to repeal conflicting laws; and for other purposes.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2023
Committee Review
Mar 2023
House Passage
Mar 2023
Senate Passage
Governor
Introduced Feb 22, 2023
Last action Mar 7, 2023
Floor votes · House Mar 6, 2023
How they voted
143–2
Passed · 6 other
Total votes 151
Mar 6, 2023
D
Democratic63
92% Yea
R
Republican88
96% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
2
Mar 7, 2023
Committee
Senate Read and Referred
upper
Mar 6, 2023
Lower · Passed
House Passed/Adopted By Substitute
lower
Mar 1, 2023
Lower · Passed
House Committee Favorably Reported By Substitute
lower
Feb 22, 2023
Introduced
House Hopper
lower
4 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bruce Williamson
RRepublican
P
Carter Barrett
RRepublican
P
Devan Seabaugh
RRepublican
P
Scott Hilton
RRepublican
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