SB 510 Virginia Senate · 2024 Regular Session

Investment of public funds; qualified public entity allowed to invest in asset-backed securities.

Summary

Investment of public funds. Allows any qualified public entity of the Commonwealth to invest in asset-backed securities that are guaranteed by the United States or any agency thereof. This bill is identical to HB 356.

Bill status signed all 5 stages cleared

Introduction

Jan 2024

Committee Review

Feb 2024

Senate Passage

Mar 2024

House of Delegates Passage

Feb 2024

Signed into Law

Mar 2024

Introduced Jan 9, 2024 Signed Mar 14, 2024

Floor votes · Senate Jan 29, 2024 · House of Delegates Feb 22, 2024

How they voted

40–0

Passed

Total votes 40

Jan 29, 2024

D Democratic21

21 Yea

100% Yea

R Republican19

19 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 14, 2024

Signed into law

Approved by Governor-Chapter 66 (effective 7/1/24)

executive

Mar 1, 2024

Upper · Passed

Signed by President

upper

Feb 27, 2024

Lower · Passed

Signed by Speaker

lower

Feb 27, 2024

Upper · Passed

Bill text as passed Senate and House (SB510ER)

upper

Feb 22, 2024

Lower · Passed

VOTE: Block Vote Passage (99-Y 0-N)

lower

Feb 22, 2024

Lower · Passed

Passed House BLOCK VOTE (99-Y -0-N)

lower

Feb 19, 2024

Lower · Passed

Reported from Appropriations (22-Y 0-N)

lower

Feb 13, 2024

Committee

Referred to Committee on Appropriations

lower

Jan 29, 2024

Upper · Passed

Read third time and passed Senate (40-Y 0-N)

upper

Jan 24, 2024

Upper · Passed

Reported from Finance and Appropriations with substitute (14-Y 0-N)

upper

Jan 24, 2024

Upper · Passed

Senate committee, floor amendments and substitutes offered

upper

Jan 9, 2024

Committee

Referred to Committee on Finance and Appropriations

upper

1 primary · 0 co-sponsors