DEPOSIT OF ST MONEY-PREFERENCE
Summary
Amends the Deposit of State Moneys Act. Provides that the State Treasurer may accept a proposal from an eligible institution which provides for a reduced rate of interest provided that such institution documents the use of deposited funds for community development projects, with preference given to eligible institutions located in high unemployment communities. Defines "high unemployment communities".
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 16, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
3
Mar 27, 2021
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 9, 2021
Committee
Assigned to State Government Administration Committee
lower
Feb 17, 2021
Committee
Referred to Rules Committee
lower
1 primary · 1 co-sponsor
Sponsors
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