CS/SB 1182 (2011) -  State Board of Administration

by Budget and Ring
Authorizes the board to invest the assets of a governmental entity in the Local Government Surplus Funds Trust Fund without a trust agreement with that governmental entity. Provides that certain investments made by the board under a trust agreement are subject only to the restrictions and limitations contained in the trust agreement. Reduces the number of members on the Investment Advisory Council. Corrects cross-references. Clarifies provisions prohibiting certain conflicts of interest by investment advisers and managers retained by the board.
Effective Date: 07/01/2011
Last Event: 05/03/11 S Laid on Table, companion bill(s) passed, see HB 7155 (Ch. 2011-100) -SJ 757 on Tuesday, May 3, 2011 4:21 PM

Referred Committees and Committee Actions

Senate Referrals

  • Governmental Oversight and Accountability
    • On agenda for: 04/05/11 3:30 PM
    • Favorable With Amendment(s) (1) (final action) Votes: Yeas 11   Nays 0
  • Budget
    • On agenda for: 04/25/11 1:15 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 17   Nays 0

Related Bills

Bill Text

    • 152682 , Ring Date Filed: 05/03/11, Line#: 62 Senate: Adopted 5/3/2011 4:20:35 PM
    • 440762 , Governmental Oversight and Accountability, Ring Date Filed: 03/29/11, Line#: 18
    • 927814 , Governmental Oversight and Accountability, Ring Date Filed: 03/29/11, Line#: 18
    • 849726 , Governmental Oversight and Accountability, Latvala Date Filed: 04/05/11, Line#: 18
    • AA 656642 , Budget, Richter Date Filed: 04/22/11, Line#: 5
    • SA 660168 , Budget, Richter Date Filed: 04/25/11, Line#: 18

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Budget 4/26/2011 6:51:46 PM
Chamber: Senate Committee: Budget 4/21/2011 1:27:50 PM
Chamber: Senate Committee: Governmental Oversight and Accountability 4/7/2011 7:52:23 AM
Chamber: Senate Committee: Governmental Oversight and Accountability 3/22/2011 3:04:19 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Laid on Table, companion bill(s) passed, see HB 7155 (Ch. 2011-100) -SJ 757 Time: 05/03/2011 - 4:21 PM Member: Committee: Version: c1
Event: S Substituted HB 7155 -SJ 757 Time: 05/03/2011 - 4:21 PM Member: Committee: Version: c1
Event: S Amendment(s) adopted (152682) -SJ 757 Time: 05/03/2011 - 4:20 PM Member: Committee: Version: c1
Event: S Read 2nd time -SJ 757 Time: 05/03/2011 - 4:19 PM Member: Committee: Version: c1
Event: S Placed on Special Order Calendar, 05/03/11 Time: 04/29/2011 - 6:01 PM Member: Committee: Version: c1
Event: S CS by Budget read 1st time -SJ 542 Time: 04/27/2011 - 9:51 PM Member: Committee: Version: c1
Event: S Placed on Calendar, on 2nd reading -SJ 541 Time: 04/27/2011 - 8:35 AM Member: Committee: Version: c1
Event: S Pending reference review -under Rule 4.7(2) - (Committee Substitute) Time: 04/26/2011 - 7:04 PM Member: Committee: Version: c1
Event: S CS by- Budget; YEAS 17 NAYS 0 -SJ 541 Time: 04/25/2011 - 6:48 PM Member: Committee: Version: __
Event: S On Committee agenda-- Budget, 04/25/11, 1:15 pm, 412 Knott Building Time: 04/20/2011 - 5:59 PM Member: Committee: Version: __
Event: S Now in Budget -SJ 461 Time: 04/07/2011 - 4:14 PM Member: Committee: Version: __
Event: S Pending reference review under Rule 4.7(2) - (Amendments) Time: 04/07/2011 - 12:19 PM Member: Committee: Version: __
Event: S Favorable with 1 amendment(s) by Governmental Oversight and Accountability (849726); YEAS 11 NAYS 0 -SJ 461 Time: 04/05/2011 - 6:07 PM Member: Committee: Version: __
Event: S On Committee agenda-- Governmental Oversight and Accountability, 04/05/11, 3:30 pm, 110 Senate Office Building Time: 03/31/2011 - 5:59 PM Member: Committee: Version: __
Event: S On Committee agenda-- Governmental Oversight and Accountability, 03/30/11, 3:45 pm, 110 Senate Office Building --Not Considered Time: 03/25/2011 - 2:59 PM Member: Committee: Version: __
Event: S On Committee agenda-- Governmental Oversight and Accountability, 03/23/11, 3:15 pm, 110 Senate Office Building --Temporarily Postponed Time: 03/18/2011 - 1:23 PM Member: Committee: Version: __
Event: S Introduced -SJ 88 Time: 03/07/2011 - 5:34 PM Member: Committee: Version: __
Event: S Referred to Governmental Oversight and Accountability; Budget -SJ 89 Time: 03/01/2011 - 11:38 AM Member: Committee: Version: __
Event: S Filed Time: 02/17/2011 - 9:47 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
215.44 SB 1668, SB 2174, HB 7155*, HB 7225*
215.444 SB 1668
215.4755 HB 7155*

(*) Not the latest version