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SB 545 - This act allows the board of trustees of any authorized county hospital to invest up to 15% of the hospital's funds not required for immediate disbursement for obligations or operations into any mutual fund. The provisions of this act shall only apply if the hospital: (1) is located within a county of the first classification with more than 150,000 but fewer than 200,000 inhabitants and (2) receives less than 1% of its annual revenues from county or state taxes. This act is identical to HB 884 (2015) and substantially similar to HCS/HB 884 (2015). SARAH HASKINS
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