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SB583 • 2025

Establishes the State Public Bank Task Force.

Establishes the State Public Bank Task Force.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Senator Frederick
Last action
2025-06-27
Official status
In Senate Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 Senate

    In committee upon adjournment.

  2. 2025-01-17 Senate

    Referred to Labor and Business.

  3. 2025-01-13 Senate

    Introduction and first reading. Referred to President's desk.

Official Summary Text

Digest: The Act creates a task force to study a state public bank. (Flesch Readability Score: 95.9).
Establishes the State Public Bank Task Force. Directs the task force to study and make recommendations regarding the establishment of a state public bank. Requires the task force to submit a report to a committee of the Legislative Assembly by September 1, 2026.
Declares an emergency, effective on passage.
Relating to: Relating to a public bank task force; declaring an emergency.
Current location: In Senate Committee