ST INVESTMENT-COMMUNITY COMMIT
Summary
Amends the Deposit of State Moneys Act. In provisions authorizing the State Treasurer to consider a financial institution's commitment to its community in deciding whether to deposit State funds in that institution, provides that the State Treasurer shall not deposit funds in the institution (i) if the current rating under the federal Community Reinvestment Act of 1977 is less than "outstanding" and (ii) unless the financial institution certifies that it does not make refund anticipation loans and does not make operating loans to payday lenders.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2010
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2010
Last action Jan 11, 2011
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
0
Committee
3
Jan 11, 2011
House · Failed
Session Sine Die
Mar 15, 2010
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Mar 8, 2010
House · Referred to committee
Assigned to State Government Administration Committee
Jan 29, 2010
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Eddie Washington
DDemocratic
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