Bill Title: As introduced, authorizes muncipalities that employ full-time certified municipal finance officer to invest in prime banker's acceptances eligible for purchase by the federal reserve system and prime commercial paper like municipalities with population in excess of 150,000 may already invest in. - Amends TCA Section 6-56-106.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Failed) 2013-04-15 - Failed to pass S., Ayes 13, Nays 11, PNV 3 [SB0826 Detail]

Text: Latest bill text (Draft #1) [PDF]

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