BIGGINS-BUGIELSKI. (MAITLAND) New Act Creates the Public Deposits Insurance Act. Creates the Board for Depositories to insure the safekeeping and prompt payment of all public funds deposited in any depository to the extent they are not covered by insurance of any federal deposit insurance agency, by maintaining and operating in its own name the Public Deposits Insurance Fund, which is created outside of the State treasury. Provides the powers, duties, and membership of the Board. Provides for deposits into the Fund by each depository in which public funds are held. Provides for payments out of the Fund when a depository closes. HOUSE AMENDMENT NO. 1. Deletes everything. Creates the Public Deposits Insurance Act. Creates the Board for Depositories to insure the safekeeping and prompt payment of public funds deposited in any depository to the extent they are not covered by insurance of any federal deposit insurance agency, by maintaining and operating in its own name the Public Deposits Insurance Fund, which is created outside of the State treasury. 98-02-17 H FILED WITH CLERK 98-02-17 H ADDED AS A JOINT SPONSOR BUGIELSKI 98-02-17 H FIRST READING 98-02-17 H REFERRED TO HOUSE RULES COMMITTEE RULES 98-03-11 H ASSIGNED TO COMMITTEE STATE GOV ADM 98-03-20 H AMENDMENT NO. 01-ST GV-ELC RFM H 98-03-20 H ADOPTED 98-03-20 H DO PASS AMENDED/SHORT DEBATE 012-000-000 HSGE 98-03-20 H PLACED CALENDAR 2ND READING-SHORT DEBATE 98-03-23 H SECOND READING-SHORT DEBATE 98-03-23 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 98-03-26 H THIRD READING/SHORT DEBATE/PASSED 111-002-003 98-03-31 S ARRIVE IN SENATE 98-03-31 S PLACED CALENDAR ORDER OF FIRST READING 98-03-31 S CHIEF SPONSOR MAITLAND 98-04-01 S FIRST READING 98-04-01 S REFERRED TO SENATE RULES COMMITTEE RULES 98-04-22 S ASSIGNED TO COMMITTEE EXECUTIVE 98-04-28 S POSTPONED 98-05-06 S POSTPONED 98-05-06 S COMMITTEE EXECUTIVE 98-05-08 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary