Bill Summary

SB 1018 Public Deposits (2024 Session)
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Sponsors
by Ingoglia
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Summary
Public Deposits; Adding credit unions to a list of financial institutions that are eligible to be qualified public depositories; specifying the losses against which certain solvent banks, savings banks, savings associations, and credit unions must guarantee public depositors; providing that a specified limit on securities eligible to be pledged as collateral applies to qualified public depositories, rather than to banks and savings associations, etc. Effective Date: 7/1/2024
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committees of reference
» S Banking and Insurance
   S Appropriations Committee on Agriculture, Environment, and General Government
   S Fiscal Policy
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Actions
12/19/23
SENATE
Filed
01/04/24
SENATE
Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
03/08/24
SENATE
Died in Banking and Insurance
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bill text & filed amendments
1018
Filed on 12/19/23
PDF
No amendments to this bill text filed.
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Statute Citations
17.57
17.68
24.114
125.901
136.01
159.608
175.301
175.401
185.3
185.5
190.007
191.006
215.34
218.415
255.502
280.02
280.025
280.03
280.042
280.05
280.051
280.052
280.053
280.055
280.07
280.08
280.085
280.09
280.1
280.13
280.17
280.18
331.309
373.553
631.221
723.06115
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