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Senate committee approves technical fixes to bill on pooling public monies with banks
Summary
The Senate Financial Institutions and Insurance Committee voted to pass House Bill 2,152 as amended after adopting a technical amendment that clarifies terminology and corrects drafting errors related to the public monies pooled method and the types of depository institutions covered.
The Senate Financial Institutions and Insurance Committee on March 18 voted to pass House Bill 2,152 as amended, a measure that clarifies language governing how public funds may be pooled with certain depository institutions.
The amendment the committee adopted was technical in nature, correcting terminology and cross‑references in the bill’s title and definitions. Eileen, a committee staff…
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