HB 1029 Increases the investment limit in linked deposits by the State Treasurer

     Handler: Brown

Current Bill Summary

- Prepared by Senate Research -

HB 1029 - This act increases the total amount that the State Treasurer may invest in linked deposits from $720 million to $800 million. The act also increases the amount of that $800 million that may be invested in small businesses from $110 million to $190 million.

This act is substantially similar to SB 439 (2019).

SCOTT SVAGERA

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