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ID H0179
Bill
Status
Passed
4/1/2015
Primary Sponsor
Health and Welfare Committee
Click for details
AI Summary
- Adds new Section 39-1346B to Idaho Code establishing investment duties for hospital district treasurers to invest idle moneys of their hospital district
- Limits hospital district treasurer investments to securities carrying an A rating or better from a commonly known rating service
- Restricts hospital district treasurer investments to those authorized by the legislature for the state treasurer under Idaho Code Sections 67-1210 and 67-1210A
- Amends Section 31-3608 to impose identical investment limitations on county hospital board treasurers regarding idle moneys
- Requires both hospital district and county hospital board treasurers to limit investments to A-rated or better securities authorized for state treasurer investments
Legislative Description
Amends and adds to existing law to provide investment limitations for hospital treasurers.
HOSPITALS
Last Action
Reported Signed by Governor on April 1, 2015 Session Law Chapter 206 Effective: 07/01/2015
4/1/2015
Full Bill Text
No bill text available