HB 0965 (Truly Agreed) Authorizes State Treasurer to convey balances of certain funds to Missouri Investment Trust
Bill Summary
- Prepared by Senate Research -

HB 965 - This act authorizes the State Treasurer to convey, on January 1, 2000, up to the full amount of the balances of the Wolfner library trust fund, the Missouri Arts Council Trust Fund, the Missouri Humanities Council Trust Fund, and the Pansy Johnson-Travis Memorial State Gardens Trust Fund to the Missouri Investment Trust. The specific amounts to be transferred were authorized in the FY 2000 appropriations.

The funds are to be reconveyed to the State Treasurer by the Missouri Investment Trust on January 2, 2010. The act also prohibits any investment transaction by the Investment Trust's board of trustees if a member of the board has a substantial interest in the company or firm handling the investment.
RUSS HEMBREE

Go to Main Bill Page | Return to Summary List | Return to Senate Home Page