SB 660 - Wasson, Jay
Modifies provisions of law relating to bidding procedures for county depositaries
Bill Details
Sponsor
LR Number
4854S.01T
Title
SB 660
House Handler
Journal Page
S2298
Effective Date
August 28, 2016
Current Status
Signed by Governor
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 660 - Under current law, banking corporations or associations bidding to become the depositaries of the funds of a county are required to submit a certified check not less than the proportion of one and one-half percent of the county general revenue of the preceding year. This act changes that to an amount not less than $2,500.
This act is substantially similar to HB 1473 (2016).
SCOTT SVAGERA