KY HB493 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 26 2020 - 25% progression, died in committee
Action: 2020-03-05 - posted in committee
Pending: House Local Government Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 26 2020 - 25% progression, died in committee
Action: 2020-03-05 - posted in committee
Pending: House Local Government Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 66.480, relating to the investment of idle funds of local governments and schools, to exempt mutual fund investments from the requirement that the aggregate amount of money invested is to be no more than 40% of the total money invested.
Title
AN ACT relating to local investments.
Sponsors
| Rep. Ed Massey [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-03-05 | House | posted in committee |
| 2020-02-28 | House | to Local Government (H) |
| 2020-02-26 | House | introduced in House |
