Public funds-investments.
In one sentence
Not clearly identified in the stored source.
No additional limitations are listed.
Official record
SF0042 Bill Summary Bill No.: SF0042 Drafter: MRW LSO No.: 06LSO-0304 Effective Date: 3/10/2006 Enrolled Act No.: SEA0011 Chapter No.: 38 Prime Sponsor: Joint Minerals, Business and Economic Development Interim Committee Catch Title: Public funds-investments. Subject: Eliminates the requirement to keep funds on deposit in Wyoming. Summary/Major Elements: Allows banks to participate in national investment pools by eliminating the requirement that funds be kept on deposit in Wyoming. Provides for additional investments of public funds by the State Treasurer or any treasurer of any political subdivision, municipality or special district, and various boards of trustees and boards of directors of county hospitals, airports, fairs and other duly constituted county boards and commissions. Affects banks, savings and loan associations or federal savings banks.
Public statements
Last checked Aug 8, 7:59 PM
S29
Why they voted this way
The lawmaker supports the bill because it allows public funds to remain in Wyoming, increasing bank liquidity and supporting local lending while maintaining FDIC insurance coverage.
Wyoming roll calls
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Official activity