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Bill > H3909


MA H3909

Authorizing certain investments by the treasurer of the town of Groton


summary

Introduced
06/24/2021
In Committee
08/02/2021
Crossed Over
02/22/2022
Passed
02/24/2022
Dead
Signed/Enacted/Adopted
03/02/2022

Introduced Session

192nd General Court

Bill Summary

Relative to authorizing certain investments by the treasurer of the town of Groton. Municipalities and Regional Government. [Local Approval Received.]

AI Summary

This bill authorizes the treasurer of the town of Groton to invest any trust funds in the town's custody in accordance with specific sections of Massachusetts General Laws, as well as the town's free cash and investment policies. It also exempts the town of Groton from the provisions of Section 54 of Chapter 44 of the General Laws. The bill takes effect upon its passage.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Signed by the Governor, Chapter 28 of the Acts of 2022 (on 03/02/2022)

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