HB2105
Investment of Public Funds Act; investment of public funds in Virginia Investment Pool Trust Fund.
Summary
As Enacted. Investment of Public Funds Act; investment of funds in qualified investment pools.
Authorizes a treasurer to act on behalf of his locality to become a participating political subdivision in qualified investment pools without an ordinance adopted by the locality. The bill defines a qualified investment pool as a jointly administered trust fund that has a professional investment manager. Investments in qualified investment ... (More) pools pursuant to the bill are required to comply with the requirements of the Investment of Public Funds Act (§ 2.2-4500 et seq.) applicable to municipal corporations and other political subdivisions. The bill states that none of its provisions shall be construed to diminish existing legal authority of treasurers related to the investment of public funds. This bill is identical to SB 1416. (Less)-
Bill History
- 01/10/2017 - House: Prefiled and ordered printed; offered 01/11/17 17102038D
- 01/10/2017 - House: Referred to Committee on General Laws
- 01/18/2017 - House: Impact statement from DPB (HB2105)
- 01/19/2017 - House: Referred from General Laws
- 01/19/2017 - House: Referred to Committee on Finance
- 01/20/2017 - House: Assigned Finance sub: Subcommittee #1
- 01/25/2017 - House: Subcommittee recommends reporting with substitute (8-Y 1-N)
- 01/30/2017 - House: Reported from Finance with substitute (20-Y 2-N)
- 01/30/2017 - House: Committee substitute printed 17104744D-H1
- 01/31/2017 - House: Impact statement from DPB (HB2105H1)
- 01/31/2017 - House: Read first time
- 02/01/2017 - House: Read second time
- 02/01/2017 - House: Committee substitute agreed to 17104744D-H1
- 02/01/2017 - House: Engrossed by House - committee substitute HB2105H1
- 02/02/2017 - House: Read third time and passed House (92-Y 3-N)
- 02/02/2017 - House: VOTE: PASSAGE (92-Y 3-N)
- 02/03/2017 - Senate: Constitutional reading dispensed
- 02/03/2017 - Senate: Referred to Committee on Finance
- 02/14/2017 - Senate: Reported from Finance with substitute (16-Y 0-N)
- 02/14/2017 - Senate: Committee substitute printed 17105291D-S1
- 02/15/2017 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/15/2017 - House: Impact statement from DPB (HB2105S1)
- 02/16/2017 - Senate: Read third time
- 02/16/2017 - Senate: Reading of substitute waived
- 02/16/2017 - Senate: Committee substitute agreed to 17105291D-S1
- 02/16/2017 - Senate: Engrossed by Senate - committee substitute HB2105S1
- 02/16/2017 - Senate: Passed Senate with substitute (39-Y 0-N)
- 02/16/2017 - Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
- 02/16/2017 - Senate: Passed Senate with substitute (40-Y 0-N)
- 02/20/2017 - House: Placed on Calendar
- 02/20/2017 - House: Senate substitute agreed to by House 17105291D-S1 (92-Y 1-N)
- 02/20/2017 - House: VOTE: ADOPTION (92-Y 1-N)
- 02/23/2017 - House: Enrolled
- 02/23/2017 - House: Bill text as passed House and Senate (HB2105ER)
- 02/23/2017 - House: Signed by Speaker
- 02/24/2017 - House: Impact statement from DPB (HB2105ER)
- 02/24/2017 - Senate: Signed by President
- 02/28/2017 - House: Enrolled Bill communicated to Governor on 2/28/17
- 02/28/2017 - Governor: Governor's Action Deadline Midnight, March 27, 2017
- 03/24/2017 - House: Governor's recommendation received by House
- 04/05/2017 - House: Placed on Calendar
- 04/05/2017 - House: House concurred in Governor's recommendation (97-Y 0-N)
- 04/05/2017 - House: VOTE: ADOPTION (97-Y 0-N)
- 04/05/2017 - Senate: Senate concurred in Governor's recommendation (40-Y 0-N)
- 04/05/2017 - Governor: Governor's recommendation adopted
- 04/05/2017 - House: Reenrolled
- 04/05/2017 - House: Reenrolled bill text (HB2105ER2)
- 04/05/2017 - House: Signed by Speaker as reenrolled
- 04/05/2017 - Senate: Signed by President as reenrolled
- 04/05/2017 - House: Enacted, Chapter 792 (effective 7/1/17)
- 04/05/2017 - Governor: Acts of Assembly Chapter text (CHAP0792)
