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HB18-1402

State Treasurer Investment Authority

Concerning authorization for the state treasurer to invest state money in investment grade securities issued by sovereign, national, and supranational entities.
Session:
2018 Regular Session
Subject:
State Government
Bill Summary

State treasurer - investment of state money in investment grade securities issued by sovereign, national, and supranational entities authorized. The act authorizes the state treasurer to invest state money in securities issued by a sovereign, national, or supranational entity that are rated at least investment grade by a nationally recognized rating organization.
(Note: This summary applies to this bill as enacted.)

Status

Introduced
Passed
Became Law

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. P. Lawrence, Rep. D. Young
Sen. B. Gardner, Sen. A. Williams

Sponsor

Rep. C. Duran, Rep. T. Kraft-Tharp, Rep. L. Landgraf, Rep. D. Michaelson Jenet, Rep. D. Pabon, Rep. L. Saine, Rep. L. Sias, Rep. D. Williams
Sen. V. Marble

Co-sponsor

Rep. C. Hansen, Rep. L. Liston, Rep. P. Neville, Rep. K. Ransom, Rep. J. Reyher, Rep. P. Rosenthal, Rep. S. Sandridge, Rep. A. Winkler
Sen. C. Jahn, Sen. A. Kerr, Sen. K. Lambert, Sen. B. Martinez Humenik, Sen. T. Neville, Sen. R. Scott, Sen. J. Tate

The Colorado Senate and House of Representatives will not convene on Monday, January 20, 2025 in observance of Dr. Martin Luther King Jr. day.

The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details