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HB 0004 - Investment of state funds-amendments.

Tracking Level: Support
Sponsor: Select Capital Financing %26amp; Investments
Last Action: 3/6/2018 - President Signed HEA No. 0007
House Committee:
Assigned To:
11 - Finance and ProcurementNext Bill

Staff Analysis of the Legislation

This bill allows the Treasurer, or designee, to invest up to 70% of the permanent funds in equities, including stocks of corporations, and clarifies conditions on investments.

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