IN HB1255 | 2014 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 14 2014 - 25% progression, died in committee
Action: 2014-01-21 - Representative Moed added as coauthor.
Pending: House Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Provides the state treasurer the authority to establish a program that permits political subdivisions to invest public deposits in a high yield savings account at an approved public depository and permits the public depository receiving the deposit to redeposit the money in other federally insured financial institutions located in the United States.

Tracking Information

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Title

Local government investments.

Sponsors


History

DateChamberAction
2014-01-21HouseRepresentative Moed added as coauthor.
2014-01-14HouseCoauthored by Representative Burton
2014-01-14HouseFirst Reading: Referred to Financial Institutions
2014-01-13HouseAuthored by Representative Price.

Indiana State Sources


Bill Comments

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