Staff Analysis of the Legislation
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05.14.2015 The House Labor, Commerce and Industry Committee gave this bill a favorable report. 05.05.2015 The House Labor, Commerce and Industry Banking and Consumer Affairs subcommittee gave this bill a favorable report. 02.24.2015 The Senate Finance Committee gave this bill a favorable report. 02.18.2015 The Senate Finance Property Taxation subcommittee gave this bill a favorable report. Summary of the bill as introduced: Allows a local governing body to deposit all or a portion of surplus public funds in its control or possession collateralized by FDIC. |