HB 972 - Uniform Prudent Management of Institutional Funds Act; enact
Current Status
05/06/08 - House Date Signed by Governor First Reader Summary
A BILL to be entitled an Act to amend Chapter 15 of Title 44 of the Official Code of Georgia Annotated, relating to the management of institutional funds, so as to enact the "Uniform Prudent Management of Institutional Funds Act"; to provide standards for charities to use in managing investments and spending from endowments; to provide for the management of institutional funds; to provide for a short title; to provide for applicability; to provide for related matters; to provide an effective date; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 02/22/2008 | 10:40AM | House Vote #618 | 161 | 001 | 009 | 009 | PASS |
| 04/02/2008 | 2:25PM | Senate Vote #926 | 042 | 000 | 007 | 007 | PASSAGE |
Status History
Bill History| Date | Action |
|---|
| 01/18/2008 | House First Readers |
| 01/28/2008 | House Second Readers |
| 02/19/2008 | House Committee Favorably Reported |
| 02/22/2008 | House Third Readers |
| 02/22/2008 | House Passed/Adopted |
| 02/26/2008 | Senate Read and Referred |
| 03/27/2008 | Senate Committee Favorably Reported |
| 03/28/2008 | Senate Read Second Time |
| 04/02/2008 | Senate Third Read |
| 04/02/2008 | Senate Passed/Adopted |
| 04/11/2008 | House Sent to Governor |
| 05/06/2008 | House Date Signed by Governor |
| 05/06/2008 | Act 423 |
| 07/01/2008 | Effective Date |
