SB 1018 -  Public Deposits

by Ingoglia
Adding credit unions to a list of financial institutions that are eligible to be qualified public depositories; specifying the losses against which certain solvent banks, savings banks, savings associations, and credit unions must guarantee public depositors; providing that a specified limit on securities eligible to be pledged as collateral applies to qualified public depositories, rather than to banks and savings associations, etc.
Effective Date: 07/01/2024
Last Event: 03/08/24 S Died in Banking and Insurance on Friday, March 8, 2024 2:25 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
  • Appropriations Committee on Agriculture, Environment, and General Government
  • Fiscal Policy

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Banking and Insurance Time: 03/08/2024 - 2:25 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced Time: 01/09/2024 - 9:37 AM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy Time: 01/04/2024 - 6:08 PM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 12/19/2023 - 3:09 PM Member: Committee: Version: __

Statutes Referenced by this Bill