HB 109 -- Linked Deposit Program

Sponsor:  Wells

Currently, the State Treasurer is not able to invest in any
linked deposit, the value of which is to be lent to a recipient
other than an eligible water supply system or an eligible student
borrower, after December 31, 2015, or invest in any linked
deposit, the value of which is to be lent to any new eligible
facility borrower, after January 1, 2020.  This bill repeals this
provision allowing the State Treasurer to invest in these
deposits after those dates.

The bill contains an emergency clause.

Missouri House of Representatives
96th General Assembly, 1st Regular Session
Last Updated August 9, 2011 at 1:14 pm