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]

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.)

Tracking Information

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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]

History

DateChamberAction
2014-03-25SenateSigned by the Governor
2014-03-25SenatePublic Law 102
2014-03-18SenateSigned by the President of the Senate
2014-03-13SenateSigned by the President Pro Tempore
2014-03-13HouseSigned by the Speaker
2014-03-10SenateMotion to Concur in House Amendments: prevailed; Roll Call 378: yeas 45 and nays 0
2014-03-03HouseReturned to the Senate with amendments
2014-03-03HouseThird reading: Passed: Roll Call 355: yeas 97 and nays 0
2014-02-26HouseSecond reading: amended, ordered engrossed.
2014-02-26HouseSB 332 Amendment #1 (Messmer), prevailed.
2014-02-24HouseCommittee report: do pass, adopted.
2014-02-10HouseFirst Reading: Referred to Ways and Means
2014-02-03SenateRepresentative GiaQuinta added as cosponsor.
2014-02-03SenateRepresentative Messmer added sponsor.
2014-02-03SenateReferred to the House
2014-02-03SenateThird reading: Passed: Roll Call 114: yeas 46 and nays 2
2014-01-30SenateSenator Broden added as coauthor.
2014-01-30SenateSenator Walker added as second author.
2014-01-30SenateSecond reading: engrossed
2014-01-28SenateCommittee report: do pass, adopted.
2014-01-14SenateFirst Reading: Referred to Tax and Fiscal Policy
2014-01-14SenateAuthored by Senator Holdman.

Indiana State Sources

TypeSource
Summaryhttps://iga.in.gov/legislative/2014/bills/senate/332/details
Texthttp://iga.in.gov/static-documents/0/b/8/0/0b80d31c/SB0332.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/b/2/8/b/b28b05de/SB0332.02.COMS.pdf
Texthttp://iga.in.gov/static-documents/2/b/1/a/2b1aab79/SB0332.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/f/c/a/e/fcaeac42/SB0332.03.COMH.pdf
Texthttp://iga.in.gov/static-documents/6/b/f/a/6bfa63e4/SB0332.02.COMS.pdf
Texthttp://iga.in.gov/static-documents/5/6/3/f/563f3870/SB0332.03.COMH.pdf
Texthttp://iga.in.gov/static-documents/9/d/5/f/9d5f5055/SB0332.04.ENGH.pdf
Texthttp://iga.in.gov/static-documents/d/0/f/7/d0f7cc40/SB0332.04.ENGH.pdf
Texthttp://iga.in.gov/static-documents/c/e/d/d/cedd9045/SB0332.05.ENRS.pdf
Roll Callhttp://iga.in.gov/static-documents/3/0/9/3/30932c6c/SB0332.01.INTR.pdf
Roll Callhttp://iga.in.gov/static-documents/9/b/4/8/9b481219/SB0332.02.COMS.114.pdf
Roll Callhttp://iga.in.gov/static-documents/3/8/1/b/381b0a7c/SB0332.02.COMS.pdf
Roll Callhttp://iga.in.gov/static-documents/a/4/5/d/a45dab7a/SB0332.04.ENGH.355.pdf
Roll Callhttp://iga.in.gov/static-documents/6/8/c/f/68cf0306/SB0332.04.ENGH.378.pdf

Bill Comments

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