Extends provisions of law relating to temporary investments by local governments

This bill extends the expiration date of a law governing how local governments can make temporary investments from 2026 to 2029. It directly affects municipalities and other local entities that manage public funds by allowing them to continue using existing investment rules for a longer period. The legislation ensures that any investments made before the new deadline remain subject to the same conditions as before, while also clarifying that the act applies retroactively if passed after the original 2026 date.