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HB5304Introduced in the House

PUBLIC FUNDS-SECURITIES

IntroducedHouse Rules

Introduced by Justin Slaughter, District 27

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Amends the Public Funds Investment Act. Provides that a public agency may invest any public funds in any security that matures or that may be tendered for purchase at the option of the holder within not more than 7 years of the date on which it is acquired and that has the highest rating category (AAA) assigned by Standard & Poor's corporation, Moody's investors service, or other similar nationally recognized statistical rating organization. Effective immediately.

Where it stands

Added Co-Sponsor Rep. Michelle Mussman

March 6, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

Bill history

  1. Filed with the Clerk by Rep. Justin Slaughter

  2. First Reading

  3. Referred to Rules Committee

  4. Added Co-Sponsor Rep. Michael J. Coffey, Jr.

  5. Added Co-Sponsor Rep. Laura Faver Dias

  6. Added Co-Sponsor Rep. Michelle Mussman

Verify the information

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