SB 990: Public Deposits
GENERAL BILL by Hutson
Public Deposits; Adding credit unions meeting certain criteria to a list of qualified public depositories; specifying criteria for a credit union to be designated as a qualified public depository by the Chief Financial Officer; revising and specifying the mutual responsibility and contingent liability of financial institutions designated as qualified public depositories; requiring the Chief Financial Officer to segregate and separately account for certain amounts attributable to credit unions in the Public Deposits Trust Fund, etc.
Last Action: 3/14/2020 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
• Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 74
• Introduced -SJ 73
• Indefinitely postponed and withdrawn from consideration
• Died in Banking and Insurance
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