SB 0115 Community Investment By Banks to be Considered Prior to Deposit of State Funds
Sponsor:Curls
LR Number:S0590.01I Fiscal Note:0590-01
Committee:Financial and Governmental Operations
Last Action:03/06/97 - Voted Do Pass S Financial & Govt. Organization Com.-Cons. Journal page:
Title:
Effective Date:August 28, 1997
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Current Bill Summary

SB 115 - The State Treasurer shall not deposit state funds in any banking institution until he considers whether the bank is meeting community credit needs as required by the federal Community Reinvestment Act of 1977.
DENISE GARNIER