S0138. Political Subdivisions

South Carolina Legislature. 120th General Assembly. Senate.

Introduced:
Dec 18, 2012
Last Action:
Jan 8, 2013
Referred to Committee on Finance

State legislative information provided by LegiNation, Inc. and LegiScan, Inc. Some information also from Open States.

History

Dec 18, 2012: Prefiled

Dec 18, 2012: Referred to Committee on Finance

Jan 8, 2013: Introduced and read first time

Jan 8, 2013: Referred to Committee on Finance

Summary

Relating To Entities In Which Local Government Units And Political Subdivisions Are Allowed To Invest, To Allow Local Government Units And Political Subdivisions To Invest In Obligations Of A Corporation, State, Or Political Subdivision Denominated In United States Dollars, If The Obligations Bear An Investment Grade Rating Of At Least Two Nationally Recognized Rating Services.