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Committee clears bill that would let auditor allow treasurer to invest some funds

INSURANCE & COMMERCE - SENATE · February 28, 2019
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 1428, explained in committee by Senator Teague, would permit the auditor, at her discretion, to allow the treasurer to invest certain funds; the committee approved the bill by voice vote with no public comment.

House Bill 1428 was explained to the Senate Insurance & Commerce committee by Senator Teague, who said the measure would allow the auditor, if she chooses, to permit the treasurer to invest some of the…

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