Bill Summary for S 74 (2021-2022)

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Bill: TOWN OF CHAPEL HILL CHARTER/INVESTMENTS.

Summary date: 

Jul 2 2021
S.L. 2021-65

Bill Information:

View NCGA Bill Details(link is external)2021
Senate Bill 74 (Local) Filed Tuesday, February 9, 2021
AN ACT AMENDING THE CHARTER OF THE TOWN OF CHAPEL HILL TO AUTHORIZE THE TOWN TO INVEST EMPLOYEE BENEFIT FUNDS HELD IN TRUST IN ONE OR MORE OF THE TYPES OF SECURITIES OR OTHER INVESTMENTS AUTHORIZED BY STATE LAW FOR THE STATE TREASURER.
Intro. by Foushee, Murdock.

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Bill summary

AN ACT AMENDING THE CHARTER OF THE TOWN OF CHAPEL HILL TO AUTHORIZE THE TOWN TO INVEST EMPLOYEE BENEFIT FUNDS HELD IN TRUST IN ONE OR MORE OF THE TYPES OF SECURITIES OR OTHER INVESTMENTS AUTHORIZED BY STATE LAW FOR THE STATE TREASURER. SL 2021-65. Enacted July 2, 2021. Effective July 2, 2021.