Ohio Senate Bill 173 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 10-3)
Status: Introduced on May 17 2011 - 25% progression, died in chamber
Action: 2011-09-15 - Committee Report - S
Text: Latest bill text (Comm Sub) [HTML]

To amend sections 135.13, 135.144, 135.18, 135.353, and 135.37 and to enact sections 135.145 and 135.354 of the Revised Code to permit the Treasurer of State or a political subdivision, upon the deposit of public moneys with an eligible public depository, to arrange for the public depository to redeposit those moneys with other federally insured banks, savings banks, and savings and loan associations in accordance with specified conditions, to remove the one-year maturity limitation for certificates of deposit with respect to interim deposits, to alter the authority of the Treasurer of State to invest interim money in certificates of deposit, and to require public depositories to provide certain information to political subdivisions.

To permit the Treasurer of State or a political subdivision, upon the deposit of public moneys with an eligible public depository, to arrange for the public depository to redeposit those moneys with other federally insured banks, savings banks, and savings and loan associations in accordance with specified conditions, to remove the one-year maturity limitation for certificates of deposit with respect to interim deposits, to alter the authority of the Treasurer of State to invest interim money in certificates of deposit, and to require public depositories to provide certain information to political subdivisions.

Sen. Kevin Bacon [R]	Sen. Bill Beagle [R]	Sen. Edna Brown [D]	Sen. Jim Hughes [R]
Sen. Shannon Jones [R]	Rep. Kris Jordan [R]	Sen. Eric Kearney [D]	Rep. Gayle Manning [R]
Sen. Larry Obhof [R]	Rep. Thomas Patton [R]	Rep. William Seitz [R]	Sen. Jimmy Stewart [R]
Sen. Jason Wilson [D]

Date	Chamber	Action
2011-09-15		Committee Report - S
2011-05-17		To Financial Institutions
2011-05-17		Introduced to House

Chapter	Article	Section	Citation Type	Statute Text
1			Amended Code	Citation Text
1	35		Amended Code	Citation Text
1	35	13	Amended Code	Citation Text
1	35	144	Amended Code	Citation Text
1	35	145	New Code	See Bill Text
1	35	18	Amended Code	Citation Text
1	35	353	Amended Code	Citation Text
1	35	354	New Code	See Bill Text
1	35	37	Amended Code	Citation Text

Type	Source
Summary	http://archives.legislature.state.oh.us/bills.cfm?ID=129_SB_173
Text	http://archives.legislature.state.oh.us/BillText129/129_SB_173_I_Y.html
Text	http://archives.legislature.state.oh.us/BillText129/129_SB_173_RS_Y.html