CS/HB 7095 (2008) -  Investment of Local Government Surplus Funds

General Bill by Policy & Budget Council and Government Efficiency & Accountability Council and Domino
Investment of Local Government Surplus Funds: Permits Local Government Surplus Funds Trust Fund to contract with professional money management firm to manage fund; establishes objectives; revises administration of trust fund; provides for standards of care & internal controls; provides for reports; requires annual financial audit; creates Participant Local Government Advisory Council; provides for members, terms, filling of vacancies, & officers; requires reports by council to certain groups.
Companion Bill passed CS/SB 2422 Investment of Local Government Surplus Funds [RPCC] By Governmental Operations and Alexander
Effective Date: upon becoming a law
Last Event: Companion Bill passed, Link/Iden/Sim/Compare passed, refer to CS/HB 7097 (Ch. 2008-93), CS/SB 2422 (Ch. 2008-59) on Friday, April 25, 2008 10:04 AM; HB Laid on Table

PCB committee actions:

  • PCB GEAC 08-30 recommended by:
    Government Efficiency & Accountability Council
    • On agenda for: 04/01/08   10:15 AM View Notice
    • Favorable With Amendment(s) (final action) See Votes

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 7097 Subject: Trust Funds/Creation/Fund B Surplus Funds Trust Fund/SBA Relationship: Compare
Bill #: CS/HB 7099 Subject: Funds B Surplus Funds Trust Fund Relationship: Compare
Bill #: CS/SB 2422 Subject: Investment of Local Government Surplus Funds [RPCC] Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Policy & Budget Council 4/17/2008 5:08:11 PM
Chamber: House Committee: Policy & Budget Council 4/13/2008 6:09:18 PM
Chamber: House Committee: Government Efficiency & Accountability Council 4/10/2008 9:40:26 AM
Chamber: House Committee: Government Efficiency & Accountability Council 4/9/2008 3:10:29 PM
Chamber: House Committee: Government Efficiency & Accountability Council 3/31/2008 2:01:57 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 7097 (Ch. 2008-93), CS/SB 2422 (Ch. 2008-59) Time: 04/25/2008 - 10:04 AM Member: Committee: Version: c1
Event: H Substituted CS/SB 2422 Time: 04/25/2008 - 10:04 AM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/25/2008) Time: 04/23/2008 - 9:19 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/25/2008) Time: 04/23/2008 - 8:50 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 04/22/2008 - 5:31 PM Member: Committee: Version: c1
Event: H Temporarily postponed, on 2nd Reading Time: 04/22/2008 - 12:13 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/22/2008) Time: 04/18/2008 - 5:27 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 04/18/2008 - 12:04 AM Member: Committee: Version: c1
Event: H 1st Reading Time: 04/17/2008 - 11:59 PM Member: Committee: Version: c1
Event: H Bill referred to House Calendar Time: 04/17/2008 - 11:24 PM Member: Committee: Version: c1
Event: H CS Filed Time: 04/17/2008 - 11:33 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19 Time: 04/17/2008 - 11:33 AM Member: Committee: Version: __
Event: H Reported out of Policy & Budget Council Time: 04/17/2008 - 11:25 AM Member: Committee: Policy & Budget Council Version: __
Event: H Favorable with CS by Policy & Budget Council Time: 04/15/2008 - 1:00 PM Member: Committee: Policy & Budget Council Version: __
Event: H Added to Policy & Budget Council agenda Time: 04/11/2008 - 4:24 PM Member: Committee: Policy & Budget Council Version: __
Event: H Now in Policy & Budget Council Time: 04/10/2008 - 5:48 PM Member: Committee: Policy & Budget Council Version: __
Event: H Referred to Policy & Budget Council Time: 04/10/2008 - 5:48 PM Member: Committee: Policy & Budget Council Version: __
Event: H 1st Reading Time: 04/09/2008 - 11:59 PM Member: Committee: Version: __
Event: H Filed Time: 04/09/2008 - 3:39 PM Member: Committee: Government Efficiency & Accountability Council Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
218.401
218.403
218.405
218.407
218.409
218.411
218.412