Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee approves bill to alter State Board of Finance membership and compliance staffing
Summary
House Bill 1378 was approved to change the State Board of Finance quorum and membership rules and to remove the requirement that the board directly employ a chief compliance officer.
The Senate Insurance & Commerce Committee voted to pass House Bill 1378, an agency bill that would alter the composition and meeting requirements of the State Board of Finance and remove the requirement that the board itself employ a chief compliance officer.
Representative Howard Beatty (R-95) presented the bill, saying it makes four updates: it lowers the quorum requirement from seven members to six; replaces the securities commissioner on the board with the secretary of the Department of Transformation and Shared Services (TSS); permits a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
