Substitute for HB 2152 by Committee on Financial Institutions and Pensions - Mandating financial institutions to secure governmental unit deposits in excess of the amount insured or guaranteed by the FDIC by utilizing a public moneys pooled method of securities, prohibiting investment advisers that execute bids for the investment of public moneys from managing moneys directly from such bid, allowing governmental unit deposits to be invested at a rate agreed upon by the governmental unit and the financial institution, requiring certification from a governmental unit that deposits in the municipal investment pool fund were first offered to a financial institution in the preceding year and allowing financial institutions to file complaints upon the failure to comply.

Latest action: Approved by Governor on Thursday, April 3, 2025

Voted 4/10/2025View source

Roll-call record

How representatives voted

0 yea·0 nay

No roll-call votes recorded for this bill yet.

Docket history

4/10/2025Approved by Governor on Thursday, April 3, 2025
3/27/2025Engrossed on Thursday, March 27, 2025
3/27/2025Enrolled and presented to Governor on Friday, March 28, 2025
3/24/2025Concurred with amendments; Yea: 117 Nay: 5
3/20/2025Committee of the Whole - Now working on
3/20/2025Committee of the Whole - Committee Report be adopted
3/20/2025Committee of the Whole - Be passed as amended
3/20/2025Emergency Final Action - Passed as amended; Yea: 40 Nay: 0
3/18/2025Committee Report recommending bill be passed as amended by Committee on Financial Institutions and Insurance
3/13/2025Hearing continuation: Monday, March 17, 2025, 9:30 AM Room 546-S