Mike Morrell
- Republican
Author
Existing law requires banks to deposit specified securities, which include, among other things, specified letters of credit issued by the Federal Home Loan Bank of San Francisco, with the Treasurer in order to be eligible to receive and retain demand or time deposits of state funds. This bill would instead include letters of credit issued by any Federal Home Loan Bank.
In committee: Set, second hearing. Hearing canceled at the request of author.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I.
In committee: Set, first hearing. Hearing canceled at the request of author.
In committee: Hearing postponed by committee.
Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 4708.)
In Senate. Read first time. To Com. on RLS. for assignment.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 11. Noes 0.) (April 30).
From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
Read first time.
From printer. May be heard in committee March 27.
Introduced. To print.
| Bill Text Versions | Format |
|---|---|
| AB2481 | HTML |
| 02/24/12 - Introduced | |
| 03/29/12 - Amended Assembly | |
| 06/18/12 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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