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H 5055 -	Authorized investments by political subdivisions

Tracking Level:

Of Interest

Sponsor:

Sellers

Last Action:

3/21/2012 - Referred to Committee on Ways and Means

House Committee:

Assigned To:

Staff Analysis of the Legislation
Summary of the bill as introduced: Authorizes investment in obligations of an Israeli corporation, the state of Israel or a political subdivision of Israel as long as the obligation is denominated in US dollars and bear an investment grade rating of at least two nationally recognized rating services.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc