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HB 2152 Approved by Governor on Thursday, April 3, 2025

Substitute for HB 2152 by Committee on Financial Institutions and Pensions - Mandating financial institutions to secure governmental unit deposits in excess of the amount insured or guaranteed by the FDIC by utilizing a public moneys pooled method of securities, prohibiting investment advisers that execute bids for the investment of public moneys from managing moneys directly from such bid, allowing governmental unit deposits to be invested at a rate agreed upon by the governmental unit and the financial institution, requiring certification from a governmental unit that deposits in the municipal investment pool fund were first offered to a financial institution in the preceding year and allowing financial institutions to file complaints upon the failure to comply.

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Legislative Timeline

18 actions
  1. Apr 10, 2025 lower
    Approved by Governor on Thursday, April 3, 2025
  2. Mar 27, 2025 lower
    Engrossed on Thursday, March 27, 2025
  3. Mar 27, 2025 lower
    Enrolled and presented to Governor on Friday, March 28, 2025
  4. Mar 24, 2025 lower
    Concurred with amendments; Yea 117, Nay 5, Absent 3
  5. Mar 20, 2025 upper
    Committee of the Whole - Committee Report be adopted
  6. Mar 20, 2025 upper
    Committee of the Whole - Be passed as amended
  7. Mar 20, 2025 upper
    Emergency Final Action - Passed as amended; Yea 40, Nay 0
  8. Mar 18, 2025 upper
    Committee Report recommending bill be passed as amended by Senate Committee on Financial Institutions and Insurance
  9. Mar 11, 2025 lower
    Final Action - Substitute passed; Yea 119, Nay 4, Absent 2
  10. Mar 11, 2025 upper
    Received and Introduced
  11. Mar 11, 2025 upper
    Referred to Senate Committee on Financial Institutions and Insurance
  12. Mar 10, 2025 lower
    Committee of the Whole - Committee Report be adopted recommending substitute bill be passed
  13. Mar 10, 2025 lower
    Committee of the Whole - Substitute bill be passed
  14. Mar 4, 2025 lower
    Committee Report recommending substitute bill be passed by House Committee on Financial Institutions and Pensions
  15. Feb 20, 2025 lower
    Withdrawn from House Committee on Financial Institutions and Pensions; Referred to House Committee on Financial Institutions and Pensions
  16. Feb 17, 2025 lower
    Withdrawn from House Committee on Federal and State Affairs; Referred to House Committee on Federal and State Affairs
  17. Jan 29, 2025 lower
    Introduced
  18. Jan 29, 2025 lower
    Referred to House Committee on Financial Institutions and Pensions
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