General Bill
Public Deposits:
Providing requirements for credit unions that are qualified public depositories; providing that public deposits in credit unions by specified trust departments or trust companies are exempt from certain requirements and protection; prohibiting the Chief Financial Officer from designating credit unions as qualified public depositories unless certain requirements are met; revising the losses for which the Chief Financial Officer may sell securities to protect the integrity of the public deposits program; authorizing credit unions to be reinstated, or to reapply for qualification, as qualified public depositories under specified circumstances; authorizing the Chief Financial Officer to issue a cease and desist order and a corrective order to credit unions upon certain determinations, etc.
Effective Date:
07/01/2022
Last Event:
03/14/22 S Died in Banking and Insurance on Monday, March 14, 2022 1:02 PM
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Banking and Insurance
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Appropriations Subcommittee on Agriculture, Environment, and General Government
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Appropriations
| Bill #
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Subject
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Relationship
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Bill #:
HB 1559
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Subject:
Public Deposits
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Relationship:
Similar
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| Event |
Time |
Member |
Committee |
Ver. |
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Event:
S Died in Banking and Insurance
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Time:
03/14/2022 - 1:02 PM
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Member:
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Committee:
Banking and Insurance
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Version:
__
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Event:
S Indefinitely postponed and withdrawn from consideration
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Time:
03/12/2022 - 12:00 AM
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Member:
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Committee:
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Version:
__
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Event:
S Introduced -SJ 119
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Time:
01/18/2022 - 4:22 PM
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Member:
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Committee:
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Version:
__
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Event:
S Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 119
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Time:
01/12/2022 - 11:18 AM
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Member:
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Committee:
Banking and Insurance
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Version:
__
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Event:
S Filed
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Time:
12/20/2021 - 1:47 PM
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Member:
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Committee:
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Version:
__
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