Bill: HB 293, 86(R) - 2019

Committee

House Pensions, Investments, & Financial Services

2nd Chamber Committee

Senate Intergovernmental Relations

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
Neutral Neutral Neutral Neutral Neutral 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.

Source URL (retrieved on 03/29/2024 01:03 AM): http://reports.texasaction.com/bill/86r/hb293?print_view=true