Robert W. Pritchard
- 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.
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Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Added Co-Sponsor Rep. Angelo Saviano
Added Co-Sponsor Rep. William B. Black
Assigned to State Government Administration Committee
Added Co-Sponsor Rep. Keith Farnham
Referred to Rules Committee
Added Co-Sponsor Rep. Michael G. Connelly
First Reading
Filed with the Clerk by Rep. Robert W. Pritchard
Chief Co-Sponsor Rep. Richard P. Myers
Chief Co-Sponsor Rep. Michael W. Tryon
Chief Co-Sponsor Rep. Mike Fortner
Chief Co-Sponsor Rep. Elizabeth Coulson
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