IN SB0332 | 2014 | Regular Session
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on March 25 2014 - 100% progression
Action: 2014-03-25 - Signed by the Governor
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Bipartisan Bill
Status: Passed on March 25 2014 - 100% progression
Action: 2014-03-25 - Signed by the Governor
Text: Latest bill text (Enrolled) [PDF]
Summary
Provides that investments in municipal securities must have a stated final maturity of five years or less. Permits the treasurer of state to invest with supranational issuers. (Current law limits the investment to the International Bank for Reconstruction and Redevelopment and the African Development Bank.) Provides that a public depository may invest funds in the same investments and for the same terms as the treasurer of state may invest funds of the state. Amends the Indiana Code provision that allows the treasurer of state to lend certain securities if the agreement under which the securities are lent is collateralized to provide that: (1) cash; or (2) non-cash collateral if the state is indemnified by the custodian holding the non-cash collateral; are acceptable forms of collateral. (Current law provides that: (1) cash; or (2) certain interest bearing obligations of the federal government; are acceptable forms of collateral.)
Title
State and local investments.
Sponsors
Roll Calls
2014-03-10 - Senate - Senate - Motion to Concur in House Amendments (Y: 45 N: 0 NV: 3 Abs: 2) [PASS]
2014-03-03 - House - House Floor - (Y: 97 N: 0 NV: 1 Abs: 2) [PASS]
2014-02-24 - House - House Committee on Ways and Means - Roll Call 033202 (Y: 17 N: 0 NV: 0 Abs: 7) [PASS]
2014-02-03 - Senate - Senate - Third reading: Passed: (Y: 46 N: 2 NV: 0 Abs: 2) [PASS]
2014-01-28 - Senate - Senate Committee on Tax and Fiscal Policy - Roll Call 033201 (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2014-03-03 - House - House Floor - (Y: 97 N: 0 NV: 1 Abs: 2) [PASS]
2014-02-24 - House - House Committee on Ways and Means - Roll Call 033202 (Y: 17 N: 0 NV: 0 Abs: 7) [PASS]
2014-02-03 - Senate - Senate - Third reading: Passed: (Y: 46 N: 2 NV: 0 Abs: 2) [PASS]
2014-01-28 - Senate - Senate Committee on Tax and Fiscal Policy - Roll Call 033201 (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2014-03-25 | Senate | Signed by the Governor |
2014-03-25 | Senate | Public Law 102 |
2014-03-18 | Senate | Signed by the President of the Senate |
2014-03-13 | Senate | Signed by the President Pro Tempore |
2014-03-13 | House | Signed by the Speaker |
2014-03-10 | Senate | Motion to Concur in House Amendments: prevailed; Roll Call 378: yeas 45 and nays 0 |
2014-03-03 | House | Returned to the Senate with amendments |
2014-03-03 | House | Third reading: Passed: Roll Call 355: yeas 97 and nays 0 |
2014-02-26 | House | Second reading: amended, ordered engrossed. |
2014-02-26 | House | SB 332 Amendment #1 (Messmer), prevailed. |
2014-02-24 | House | Committee report: do pass, adopted. |
2014-02-10 | House | First Reading: Referred to Ways and Means |
2014-02-03 | Senate | Representative GiaQuinta added as cosponsor. |
2014-02-03 | Senate | Representative Messmer added sponsor. |
2014-02-03 | Senate | Referred to the House |
2014-02-03 | Senate | Third reading: Passed: Roll Call 114: yeas 46 and nays 2 |
2014-01-30 | Senate | Senator Broden added as coauthor. |
2014-01-30 | Senate | Senator Walker added as second author. |
2014-01-30 | Senate | Second reading: engrossed |
2014-01-28 | Senate | Committee report: do pass, adopted. |
2014-01-14 | Senate | First Reading: Referred to Tax and Fiscal Policy |
2014-01-14 | Senate | Authored by Senator Holdman. |