Senate panel advances SB 151 with Treasurer—s amendment to allow fund investment
Feb 4, 2019
The Senate Public Health, Welfare and Labor Committee advanced Senate Bill 151 as amended after the Treasurer of State's office requested language permitting investment of the fund to maximize returns; the measure was approved by voice vote (counts not specified).
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The Senate Public Health, Welfare and Labor Committee advanced Senate Bill 151 as amended, clearing the measure by voice vote. Senator Irving summarized the amendment and said it was brought by the Treasurer of State—s office to allow funds created under the bill to be invested so they "can maximize the benefits of this fund and invest those funds and make it grow."
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