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HB356

Investment of public funds; qualified public entity allowed to invest in asset-backed securities.

Status:
Enacted

Chief Patron:
Buddy Fowler (R)

Session:
2024 Regular Session

Summary

As Passed House of Origin. Investment of public funds.

Allows any qualified public entity of the Commonwealth to invest in asset-backed securities that are guaranteed by the United States or any agency thereof. This bill is identical to SB 510.
  • Bill History

  • 01/05/2024 - House: Prefiled and ordered printed; offered 01/10/24 24102813D
  • 01/05/2024 - House: Referred to Committee on General Laws
  • 01/11/2024 - House: Impact statement from DPB (HB356)
  • 01/30/2024 - House: Referred from General Laws
  • 01/30/2024 - House: Referred to Committee on Appropriations
  • 01/31/2024 - House: Assigned App. sub: Commerce Agriculture & Natural Resources
  • 02/02/2024 - House: Subcommittee recommends reporting with substitute (8-Y 0-N)
  • 02/02/2024 - House: Reported from Appropriations with substitute (22-Y 0-N)
  • 02/02/2024 - House: House subcommittee amendments and substitutes offered
  • 02/02/2024 - House: Committee substitute printed 24106906D-H1
  • 02/05/2024 - House: Impact statement from DPB (HB356H1)
  • 02/06/2024 - House: Read first time
  • 02/07/2024 - House: Read second time
  • 02/07/2024 - House: Committee substitute agreed to 24106906D-H1
  • 02/07/2024 - House: Engrossed by House - committee substitute HB356H1
  • 02/08/2024 - House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
  • 02/08/2024 - House: VOTE: Block Vote Passage (98-Y 0-N)
  • 02/09/2024 - Senate: Constitutional reading dispensed
  • 02/09/2024 - Senate: Referred to Committee on Finance and Appropriations
  • 02/21/2024 - Senate: Reported from Finance and Appropriations (14-Y 0-N)
  • 02/22/2024 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 02/23/2024 - Senate: Read third time
  • 02/23/2024 - Senate: Passed Senate (39-Y 0-N)
  • 02/28/2024 - House: Enrolled
  • 02/28/2024 - House: Bill text as passed House and Senate (HB356ER)
  • 02/28/2024 - House: Impact statement from DPB (HB356ER)
  • 02/28/2024 - House: Signed by Speaker
  • 03/02/2024 - Senate: Signed by President
  • 03/11/2024 - House: Enrolled Bill communicated to Governor on March 11, 2024
  • 03/11/2024 - Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
  • 03/14/2024 - Governor: Approved by Governor-Chapter 65 (effective 7/1/24)
  • 03/14/2024 - Governor: Acts of Assembly Chapter text (CHAP0065)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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