Bill Summary for S 150 (2013-2014)

Printer-friendly: Click to view

Summary date: 

Feb 28 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
Senate Bill 150 (Public) Filed Thursday, February 28, 2013
A BILL TO BE ENTITLED AN ACT TO ESTABLISH A JOINT LEGISLATIVE STUDY COMMISSION TO STUDY THE VIABILITY OF ESTABLISHING THE "NORTH CAROLINA INVESTMENT TRUST," WHICH WOULD BE A STATE-OWNED BANK RECEIVING DEPOSITS OF STATE FUNDS.
Intro. by Kinnaird.

View: All Summaries for BillTracking:

Bill summary

Creates a 16-member commission as the title indicates. Directs the study to consider multiple issues relating to the feasibility of creating the North Carolina Investment Trust, a state-owned bank to receive deposits of state funds. Directs the Commission to hold a minimum of five public meetings in distinct geographic regions of the state. Directs the commission to make a final report, including any legislative recommendations, prior to the convening of the 2013 Regular Session in 2014. Commission terminates upon filing its final report or on January 1, 2015, whichever occurs first.