Amends the Deposit of State Moneys Act. In provisions authorizing the State Treasurer to consider a financial institution's commitment to its community in deciding whether to deposit State funds in that institution, provides that the State Treasurer shall not deposit funds in the institution (i) if the current rating under the federal Community Reinvestment Act of 1977 is less than "outstanding" and (ii) unless the financial institution certifies that it does not make refund anticipation loans and does not make operating loans to payday lenders.
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Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Moved to Suspend Rule 25 Rep. Barbara Flynn Currie
Suspend Rule 25 - Prevailed
Assigned to State Government Administration Committee
Referred to Rules Committee
Filed with the Clerk by Rep. Eddie Washington
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