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House advances bill to define and disclose Public Treasurer's Investment Fund holdings

Utah House of Representatives · January 16, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 10 would define the Public Treasurer's Investment Fund in statute and require an aggregated treasurer's report of participating entities' June 30 balances, aiming to make existing disclosures easier for legislative review.

House Bill 10, presented by Representative Walter, would codify the Public Treasurer's Investment Fund (PTIF) in state statute and require the State Treasurer’s office to provide an aggregated report showing the June 30 balances held by political subdivisions and state entities invested in the PTIF.

"House Bill 10 is a government transparency and accountability bill," Walter said during the House…

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