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Committee approves Treasury cleanup bill to broaden eligible Arkansas banks for investments
2840962 · March 20, 2025
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Summary
Sen. Missy Irvin presented Senate Bill 480 to revise investment‑rating language in the treasurer’s code so the state can invest with more Arkansas banks; the committee approved the measure by voice vote after staff explained the change.
Sen. Missy Irvin, R‑District 24, introduced Senate Bill 480, a bill described as a statutory cleanup intended to align investment language in the treasurer’s code with current operations and allow the state to invest with more local banks.
Michael Harry, chief compliance officer and…
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