Relating to the Community Housing Trust Account within the Developmental Disabilities Community Housing Fund; and declaring an emergency.
Catchline/Summary:
Requires Secretary of State to conduct investigation of Community Housing Trust Account, within Developmental Disabilities Community Housing Fund. Requires State Treasurer] Secretary of State to conduct investigation of Community Housing Trust Account, within Developmental Disabilities Community Housing Fund., and to recommend] Directs State Treasurer to develop and make recommendations for investment strategy to maximize interest and income in account. Sunsets June 30, 2016.Allows moneys in account, with approval of State Treasurer, to be invested and earnings credited to account.
Directs State Treasurer] Secretary of State to report to Legislative Assembly on or before February 1, 2016.
Sunsets June 30, 2016.]
Declares emergency, effective on passage.
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SB 616
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