Alabama Senate Bill 173 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 5 2023 - 25% progression, died in committee
Action: 2023-04-05 - Introduced and Referred to Senate State Governmental Affairs
Pending: Senate State Governmental Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Relating to the State Treasurer; to create the Alabama Local Government Investment Pool Program within the Office of the State Treasurer to allow state and local public entities to deposit monies in an investment pool administered by the treasurer; to provide parameters for investments; to authorize the treasurer to take certain actions to administer the program; to establish the Alabama Local Government Investment Advisory Board and provide for its membership and duties; and to provide further for the Office of the State Treasurer's travel expenses.

Relating to the State Treasurer; to create the Alabama Local Government Investment Pool Program within the Office of the State Treasurer to allow state and local public entities to deposit monies in an investment pool administered by the treasurer; to provide parameters for investments; to authorize the treasurer to take certain actions to administer the program; to establish the Alabama Local Government Investment Advisory Board and provide for its membership and duties; and to provide further for the Office of the State Treasurer's travel expenses.

Sen. Sam Givhan [R]

Date	Chamber	Action
2023-04-05	Senate	Introduced and Referred to Senate State Governmental Affairs
2023-04-05	Senate	Read First Time in House of Origin

Type	Source
Summary	https://alison.legislature.state.al.us/bill-search
Text	https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/SB173-int.pdf
Supplement	https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/FiscalNotes/FN-D97IHN-1.pdf