S 766
An Act to allow municipalities to deposit into credit unions
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill, S.766, would have allowed Massachusetts cities and towns to deposit funds into credit unions. Currently, municipalities are generally restricted in where they can invest public money. The bill aimed to provide a local financial option for municipal funds, potentially benefiting credit unions and local economies. However, the bill failed to pass.
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Primary sponsor
Cosponsors
Joan B. Lovely
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