2018 House Joint Resolution CC

Exempt proposed government bank from a commercial bank restriction

Introduced in the House

Jan. 18, 2018

Introduced by Rep. Pete Lucido (R-36)

To exempt a proposed state-run bank (see House Bill 5431) from a statutory 50 percent cap on the amount of its deposits that can be state money, which is the rule for commercial banks in this state.

Referred to the Committee on Regulatory Reform