Introduced
by
To authorize the Department of Treasury to invest money held in the Veterans' Trust Fund in stocks.
Referred to the Committee on Appropriations
Passed in the Senate 34 to 0 (details)
To allow funds in the Veterans' Trust Fund to be invested in stocks. The bill is part of a package that would allow state restricted funds to invest in the same instruments allowed for state pension funds. This would require a vote of the people to change the Constitution, which currently prohibits this. The bill is tie-barred to Senate Joint Resolution T, which would place the question on the August 2002 statewide primary election ballot.
Amendment offered
by
To refer the bill to the Committee on Appropriations for further consideration.
The amendment failed 45 to 56 (details)
Passed in the House 101 to 0 (details)
To allow funds in the Veterans' Trust Fund to be invested in stocks. The bill is part of a package that would allow state restricted funds to invest in the same instruments allowed for state pension funds. This would require a vote of the people to change the Constitution, which currently prohibits this. The bill is tie-barred to Senate Joint Resolution T, which would place the question on the August 2002 statewide primary election ballot.
