The bills, people and money around Federal Home Loan Bank of San Francisco.
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Reporting on up to 20 of the bills shown here. This is a sample, and coverage may be incomplete.
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Government finance: surplus investments: savings and loan associations or credit unions.California · SB 239 · Last action Oct 7, 2021This bill would instead require those bonds or interest-bearing notes to be on obligations that are issued by or fully guaranteed as to principal and interest by a federal agency of the United States or a United States government-sponsored enterprise, as defined by specified federal law.Latest action: Chaptered by Secretary of State. Chapter 635, Statutes of 2021.Enacted law
Savings and loan associations or credit unions: security for deposits.California · SB 877 · Last action Mar 18, 2020This bill would instead require a letter of credit issued by the Federal Home Loan Bank of San Francisco to be in an amount in value of at least 100% of the amount deposited with the savings and loan association or credit union.Latest action: April 1 hearing postponed by committee.Session ended
State agency funds: security for deposits.California · AB 1206 · Last action Feb 3, 2014This bill, until January 1, 2019, would revise the reference to letters of credit issued by the Federal Home Loan Bank of San Francisco in the provision described above to refer instead to a letter of credit issued by a federal home loan bank.Latest action: From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.Failed
Financial institutions.California · AB 2481 · Last action Jun 27, 2012This bill would instead include letters of credit issued by any Federal Home Loan Bank.Latest action: In committee: Set, second hearing. Hearing canceled at the request of author.Session ended
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