Extends provisions of law relating to temporary investments by local governments

This bill extends the legal authority for local governments to make temporary investments until July 1, 2029. It amends existing state laws to update the expiration date for these investment rules, ensuring that funds invested under the current framework remain protected through the new deadline. The legislation applies immediately to local municipalities and includes a provision to maintain conditions for investments made before the act's original expiration date. By updating the timeline, the bill allows local officials to continue managing their surplus funds according to established guidelines for an additional three years.