Bill
HB 3440
Overview: HB 3440 - Relating generally to removing and repealing obsolete provisions under the purview of the State Treasurer's OfficePurpose and Intent: This bill aims to streamli
Overview: HB 3440 - Relating generally to removing and repealing obsolete provisions under the purview of the State Treasurer's Office
Purpose and Intent: This bill aims to streamline and modernize the statutes governing the State Treasurer's Office by removing outdated and redundant provisions.
Key Provisions:
- Repeals sections of the code that reference obsolete programs, funds, and reporting requirements
- Updates language and references to reflect the current structure and responsibilities of the Treasurer's Office
- Consolidates and simplifies provisions related to the management of state funds and investments
Affected Parties and Impacts: The primary impact will be on the operations of the State Treasurer's Office, which will benefit from the removal of outdated and unnecessary statutory requirements. The general public may also see improved efficiency and transparency in the Treasurer's management of state finances.
Procedural and Timeline Considerations: The bill has been passed by the Legislature and signed into law, becoming Chapter 61 of the Acts of the 2025 Regular Session. The changes will take effect immediately, allowing the Treasurer's Office to begin implementing the updated statutory framework.
Compiled from official sources — confirm details with the bill’s official record.
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