90th General Assembly
Summary of SB0693
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Senate Sponsors:

House Sponsors:

Short description: 
RISK MANGEMENT-DEPOSIT-FUNDS                                               

Synopsis of Bill as introduced:
        Amends the Intergovernmental Cooperation Act and the Public Funds      
   Investment Act.  Provides  that  nothing  in  the  Section  concerning      
   authorized  investments for intergovernmental risk management entities      
   and nothing in  the  Section  concerning  authorized  investments  for      
   public  agencies shall be construed to allow an intergovernmental risk      
   management entity to accept the deposit of  public  funds  except  for      
   risk management purposes.  Effective immediately.                           
          FISCAL NOTE (Treasurer Office)                                       
          SB 693 will have no impact on the State's resources.                 
          STATE MANDATES FISCAL NOTE (DCCA)                                    
          SB 693 fails to create a State mandate.                              
Last action on Bill: PUBLIC ACT.............................. 90-0319

   Last action date: 97-08-01

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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