STATE PERMITTED INVESTMENTS
Summary
Amends the Deposit of State Moneys Act. Provides that the State Treasurer may invest or reinvest any State money in private placement fixed income securities that are exempt from the registration requirements of the Securities and Exchange Commission if specified conditions are satisfied. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2026
Committee Review
May 2026
Senate Passage
May 2026
House Passage
May 2026
Signed into Law
Aug 2026
Introduced Apr 29, 2026
Signed Aug 25, 2026
Maddy AI version diff · 2 comparisons
What changed between versions
Engrossed
→
Enrolled
·
1 edit
·
Aug 25, 2026
MINOR
The bill was finalized for signature by removing the 'Engrossed' draft label and replacing it with the 'Enrolled' status, indicating the text is now the official version ready for the Governor. No substantive policy, funding, or legal requirements were altered; the changes are purely administrative and formatting in nature.
TECHNICAL
Updated the document header and page breaks to reflect the final 'Enrolled' status instead of the 'Engrossed' draft status.
Floor votes · Senate Apr 29, 2026 · House May 22, 2026
How they voted
46–7
Passed · 5 other
Total votes 58
Apr 29, 2026
D
Democratic39
94% Yea
R
Republican19
47% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
50
Key actions
14
Committee
16
Amendments
8
Aug 25, 2026
Signed into law
Governor Approved
upper
May 31, 2026
Upper · Passed
Passed Both Houses
upper
May 31, 2026
Introduced
House Floor Amendment No. 1 Senate Concurs 051-006-000
upper
May 29, 2026
Introduced
House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt State Government; 007-000-000
upper
May 28, 2026
Committee
House Floor Amendment No. 1 Motion to Concur Assignments Referred to State Government
upper
May 28, 2026
Committee
House Floor Amendment No. 1 Motion to Concur Referred to Assignments
upper
May 22, 2026
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 25, 2026
upper
May 22, 2026
Introduced
Secretary's Desk - Concurrence House Amendment(s) 1
upper
May 22, 2026
Lower · Passed
Third Reading - Short Debate - Passed 073-026-000
lower
May 21, 2026
Lower · Passed
House Floor Amendment No. 1 Adopted by Voice Vote
lower
May 20, 2026
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted State Government Administration Committee; 008-000-000
lower
May 19, 2026
Lower · Passed
House Floor Amendment No. 1 Rules Refers to State Government Administration Committee
lower
May 15, 2026
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
May 15, 2026
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Kevin John Olickal
lower
May 13, 2026
Lower · Passed
Do Pass / Short Debate State Government Administration Committee; 008-000-000
lower
May 7, 2026
Lower · Passed
Committee Deadline Extended-Rule 9(b) May 15, 2026
lower
May 5, 2026
Committee
Assigned to State Government Administration Committee
lower
May 5, 2026
Committee
Referred to Rules Committee
lower
Apr 29, 2026
Introduced
Arrived in House
lower
Apr 29, 2026
Upper · Passed
Third Reading - Passed; 047-007-000
upper
Apr 15, 2026
Upper · Passed
Do Pass as Amended State Government; 008-000-000
upper
Apr 15, 2026
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 27, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As April 24, 2026
upper
Mar 13, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As March 27, 2026
upper
Mar 11, 2026
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to State Government
upper
Mar 10, 2026
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Mar 10, 2026
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Ram Villivalam
upper
Mar 10, 2026
Committee
Assigned to State Government
upper
Jan 29, 2026
Committee
Referred to Assignments
upper
2 primary · 4 co-sponsors
Sponsors
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