IN SB0183 | 2014 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Engrossed on February 4 2014 - 50% progression, died in committee
Action: 2014-02-10 - First Reading: Referred to Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Amended) [PDF]

Summary

Provides that upon approval by the fiscal body, money in a local major moves construction fund may be invested in fixed income assets that have a credit rating of at least AA if certain requirements are met. Provides that if authorized by the fiscal body of a political subdivision and if that fiscal body makes a determination that money received from the sale of facilities or other real property represents a substantial amount of public funds, that money may be invested in fixed income assets that have a credit rating of at least AA if certain requirements are met.

Tracking Information

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Title

Investments by local governments.

Sponsors


Roll Calls

2014-02-04 - Senate - Senate Floor - (Y: 48 N: 0 NV: 0 Abs: 2) [PASS]
2014-01-30 - Senate - Senate Committee on Appropriations - Roll Call 018301 (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2014-02-10HouseFirst Reading: Referred to Ways and Means
2014-02-04SenateRepresentative Culver added as cosponsor.
2014-02-04SenateRepresentative Ober added as sponsor.
2014-02-04SenateReferred to the House
2014-02-04SenateThird reading: Passed: Roll Call 155: yeas 48 and nays 0
2014-02-03SenateSecond reading: engrossed
2014-01-30SenateSenator Tallian added as coauthor.
2014-01-30SenateSenator Mishler added as third author.
2014-01-30SenateCommittee report: amend do pass, adopted.
2014-01-27SenateSenator Charbonneau added as second author.
2014-01-09HouseReassigned to Appropriations pursuant to Senate Rule 68(b)
2014-01-08SenateFirst Reading: Referred to Tax and Fiscal Policy
2014-01-08SenateAuthored by Senator Carlin Yoder

Indiana State Sources


Bill Comments

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