Bill
HB 293
86(R) - 2019
House Pensions, Investments, & Financial Services
Senate Intergovernmental Relations
House Pensions, Investments, & Financial Services
Senate Intergovernmental Relations
Vote Recommendation
Neutral
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Neutral
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Neutral
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Neutral
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Neutral
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Neutral
Author(s)
Ken King
Co-Author(s)
Briscoe Cain
Co-Sponsor(s)
Kel Seliger
Bill Caption
Relating to investment training requirements for school district and municipal financial officers.
Fiscal Notes
No fiscal implication to the State is anticipated.
Bill Analysis
HB 293 would remove a requirement that the Chief Financial Officer, Treasurer, or Investment Officer of a school district to participate in investment training. The bill would exempt individuals in these positions from going to investment training if the school district or municipality does not invest district or municipal funds, or only deposits these funds in interest-bearing deposit accounts or certificates of deposit. They would also become exempt if they annually submit a sworn affidavit identifying the preceding applicable criteria.
Vote Recommendation Notes
This legislation does not affect our liberty principles and we remain neutral.