SB 1360 (2023) -  Public Deposits

General Bill by Ingoglia
Public Deposits: Adding credit unions to a list of financial institutions that are eligible to be qualified public depositories; authorizing the Chief Financial Officer to limit the amount of public deposits a credit union may hold; specifying the losses against which certain solvent banks, savings banks, savings associations, and credit unions must guarantee public depositors; requiring the Chief Financial Officer to segregate and separately account for proceeds, assessments, and administrative penalties attributable to a credit union from those attributable to other specified financial institutions, etc.
Effective Date: 07/01/2023
Last Event: 05/05/23 S Died in Banking and Insurance on Friday, May 5, 2023 10:59 AM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
  • Appropriations Committee on Agriculture, Environment, and General Government
  • Fiscal Policy

Related Bills

Bill # Subject Relationship
Bill #: HB 987 Subject: Public Deposits Relationship: Identical

Bill Text

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Banking and Insurance Time: 05/05/2023 - 10:59 AM Member: Committee: Banking and Insurance Version: __
Event: S Introduced Time: 03/07/2023 - 10:45 AM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy Time: 03/06/2023 - 12:58 PM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 03/01/2023 - 1:39 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
17.57 CS/CS/HB 3, CS/SB 302, HB 987
17.68 HB 987
24.114 HB 987
125.901 CS/CS/SB 698, CS/HB 731, HB 987, CS/SB 7062, HB 7063
136.01 HB 987
159.608 HB 987
175.301 HB 987
175.401 HB 987
185.30 HB 987
185.50 HB 987
190.007 HB 241, HB 987
191.006 HB 987
215.34 HB 987
218.415 CS/CS/HB 3, CS/SB 302, HB 987
255.502 HB 987
280.02 CS/CS/HB 3, CS/SB 302, HB 987
280.03 HB 987
280.042 HB 987
280.05 CS/CS/HB 3, CS/SB 302, HB 987
280.052 HB 987
280.053 HB 987
280.055 CS/CS/HB 3, CS/SB 302, HB 987
280.07 HB 987
280.08 HB 987
280.085 HB 987
280.09 HB 987
280.10 HB 987
280.13 HB 987
280.17 HB 987
331.309 HB 987
373.553 HB 987
631.221 HB 987
723.06115 HB 987