To allow intermediate school districts to place the district's funds - debt retirement funds, building and site funds, and general funds - into mutual funds if the mutual funds invest in the same financial instruments that the district may invest in directly. Currently, local school districts are permitted to do so, but not intermediate school districts.
36 Yeas / 0 Nays | |
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Democrat (14 Yeas / 0 Nays) | |
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Excused or Not Voting (1) | |
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