H1177B3870A08828 SFL:SRA 06/28/14 #90 A08828

 

 

 

 

AMENDMENTS TO HOUSE BILL NO. 1177

Sponsor: SENATOR SCARNATI

Printer's No. 3870

 

1Amend Bill, page 1, line 5, by inserting after "counties;"

2 further providing for investment authority funds;

3Amend Bill, page 6, by inserting between lines 6 and 7

4Section 2. Section 5611(d) of Title 53 is amended by adding
5a paragraph to read:

6§ 5611. Investment of authority funds.

7* * *

8(d) Types.--Authorized types of investments for authority
9funds shall be:

10* * *

11(7) Commercial paper rated in the highest rating
12category, without reference to a subcatagory, by a rating
13agency. This paragraph shall only apply to an airport
14authority board in a county of the second class.

15* * *

16Amend Bill, page 6, line 7, by striking out "2" and inserting

17 3

18Amend Bill, page 6, line 12, by striking out "3" and 
19inserting

20 4

21Amend Bill, page 10, line 9, by striking out "4" and 
22inserting

23 5

 

See A08828 in
the context
of HB1177