State Financial Matters -- from the Government Operations Subcommittee:
Revises provisions which authorize SBA to invest specified funds pursuant to enrollment requirements of local government investment authority; authorizes SBA to invest specified funds in Local Government Surplus Funds Trust Fund without trust agreement upon completion of enrollment materials provided by board; provides that investments made by board under trust agreement are subject only to restrictions & limitations contained in trust agreement. Effective Date: July 1, 2011
There were three "no-shows" for the vote, one of whom was Jeff Clemens.
Revises provisions which authorize SBA to invest specified funds pursuant to enrollment requirements of local government investment authority; authorizes SBA to invest specified funds in Local Government Surplus Funds Trust Fund without trust agreement upon completion of enrollment materials provided by board; provides that investments made by board under trust agreement are subject only to restrictions & limitations contained in trust agreement. Effective Date: July 1, 2011
There were three "no-shows" for the vote, one of whom was Jeff Clemens.
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