Brent Hassert
- Republican
Primary
Amends the Deposit of State Moneys Act. Requires the State Treasurer to implement and administer, by rule, a program requiring financial institutions to make mortgage loans on residential property in order for that financial institution to be eligible for investment of State funds in that financial institution. Requires the rules to contain provisions concerning not rejecting residential mortgage loans because of the location of the property, minimum assets to be invested in residential mortgage loans, minimum annual new residential mortgage loans, and reporting and auditing. Requires the Treasurer to report annually to the General Assembly. Effective immediately.
No votes to display
Session Sine Die
First Reading
Referred to Rules Committee
Chief Co-Sponsor Rep. Rosemary Mulligan
Chief Co-Sponsor Rep. Michael Tryon
Filed with the Clerk by Rep. Brent Hassert
Co-Sponsor Rep. Patricia R. Bellock
Co-Sponsor Rep. Sandra M. Pihos
Co-Sponsor Rep. Jim Durkin
Chief Co-Sponsor Rep. Ronald A. Wait
Chief Co-Sponsor Rep. Renée Kosel
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