GA HB531 | 2023-2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 4-0)
Status: Engrossed on March 6 2023 - 50% progression, died in committee
Action: 2023-03-07 - Senate Read and Referred
Pending: Senate Banking and Financial Institutions Committee
Text: Latest bill text (Comm Sub) [PDF]

Summary

A BILL to be entitled an Act to amend Title 36 of the O.C.G.A., relating to local government, so as to provide for local government investment policies; to provide scope, investment objectives, and applicability; to amend Code Section 15-6-76.1, relating to investing or depositing funds and depositing funds paid into court registry, so as to update cross references; to amend Code Section 15-16-27, relating to deposit of cash bonds and reserves of professional bondspersons in interest-bearing accounts and disposition of interest, so as to update cross references; to amend Code Section 20-2-411, relating to school fund kept separate, use of funds, separation of school taxes, and investments, so as to authorize additional investment options; to provide for related matters; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Local government; provide investment policies

Sponsors


Roll Calls

2023-03-06 - House - Passage: House Vote #206 (Y: 170 N: 3 NV: 3 Abs: 3) [PASS]

History

DateChamberAction
2023-03-07SenateSenate Read and Referred
2023-03-06HouseHouse Passed/Adopted By Substitute
2023-03-06HouseHouse Third Readers
2023-03-01HouseHouse Committee Favorably Reported By Substitute
2023-02-27HouseHouse Second Readers
2023-02-23HouseHouse First Readers
2023-02-22HouseHouse Hopper

Georgia State Sources


Bill Comments

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