Introduced House Bill (H)

Authored by

DIGEST

Local government investments. Provides the state treasurer the authority to establish a program that permits political subdivisions to invest public deposits in a high yield savings account at an approved public depository and permits the public depository receiving the deposit to redeposit the money in other federally insured financial institutions located in the United States. Local government investments. Provides the state treasurer the authority to establish a program that permits political subdivisions to invest public deposits in a high yield savings account at an approved public depository and permits the public depository receiving the deposit to redeposit the money in other federally insured financial institutions located in the United States.