Bill
Bill > S2986
summary
Introduced
12/23/2020
12/23/2020
In Committee
01/05/2021
01/05/2021
Crossed Over
01/04/2021
01/04/2021
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to authorize certain investments by the Treasurer of the town of Milton. Municipalities and Regional Government. [Local Approval Received.]
AI Summary
This bill authorizes the Treasurer of the town of Milton to invest trust funds that are in the Treasurer's custody in accordance with Chapter 203C of the General Laws, notwithstanding any other general or special law to the contrary. Chapter 203C of the General Laws governs the administration of trust funds, and this bill grants the Milton Treasurer the authority to invest such funds under this chapter, which may provide more flexibility than the standard investment rules for municipal funds.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Read; and referred to the committee on House Steering, Policy and Scheduling (on 01/05/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/S2986 | 12/24/2020 |
| Bill | https://malegislature.gov/Bills/191/S2986.pdf | 12/24/2020 |
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