2008 Regular Session


File Code: Financial Institutions
Sponsored By:
Senators Kelley, Della, Exum, Garagiola, Klausmeier, and Pugh
Credit Unions - Deposits of State and Local Government Money


Authorizing specified local governmental units to deposit unexpended or surplus money in specified accounts at federally insured credit unions; requiring that specified collateral be given as security for deposits made in accounts at the credit unions; authorizing the local governmental units to make deposits in accounts at the credit unions without the specified collateral under specified circumstances; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
Senate Action
First Reading Budget and Taxation
Hearing 1/30 at 1:00 p.m.
Unfavorable Report by Budget and Taxation
House Action
No Action

Sponsored by:

Senator Delores G. Kelley, District 10
Senator George W. Della, Jr., District 46
Senator Nathaniel Exum, District 24
Senator Rob Garagiola, District 15
Senator Katherine Klausmeier, District 8
Senator Catherine E. Pugh, District 40

Bill indexed under the following Subjects:

Counties -see also- Chartered Counties; Code Counties
Credit Unions
Education, Boards of
Financial Institutions -see also- Banks; Credit Unions; etc.
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Municipal Corporations -see also- Annap; Balt; Hager; OC
Public Officials -see also- Atty Gen; Compt; Coun Admin; etc

Bill affects the following Statutes:

State Finance and Procurement
( 6-201 )
Article - 95 Treasurer
( 22-0 , 22 )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered