SC S0881 | 2011-2012 | 119th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 12 2011 - 25% progression, died in committee
Action: 2011-05-12 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Allow Local Government Units And Political Subdivisions To Invest In Obligations Of A Corporation, State, Or Political Subdivision Denominated In United States Dollars, If The Obligations Bear An Investment Grade Rating Of At Least Two Nationally Recognized Rating Services.

Tracking Information

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Title

Entities in which local governments and political subdivisions are allowed to invest

Sponsors


History

DateChamberAction
2011-05-12 Referred to Committee on Finance
2011-05-12 Introduced and read first time

Code Citations

ChapterArticleSectionCitation TypeStatute Text
6510(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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