HB 196-LOCAL (1995): permitting municipalities and counties to establish reserve funds for non-capital purposes and eliminating the necessity for municipalities and school districts to distinguish between capital reserve funds and publicly funded trust funds.
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- MLA
- “HB 196-LOCAL (1995): permitting municipalities and counties to establish reserve funds for non-capital purposes and eliminating the necessity for municipalities and school districts to distinguish between capital reserve funds and publicly funded trust funds.” Granite Record, https://graniterecord.org/bill/1995/hb196. Accessed 24 Oct. 2026.
- APA
- Granite Record. (n.d.). HB 196-LOCAL (1995): permitting municipalities and counties to establish reserve funds for non-capital purposes and eliminating the necessity for municipalities and school districts to distinguish between capital reserve funds and publicly funded trust funds. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/1995/hb196
- Chicago
- Granite Record. “HB 196-LOCAL (1995): permitting municipalities and counties to establish reserve funds for non-capital purposes and eliminating the necessity for municipalities and school districts to distinguish between capital reserve funds and publicly funded trust funds.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1995/hb196.
- BibTeX
@misc{bill-1995-hb196, title = {HB 196-LOCAL (1995): permitting municipalities and counties to establish reserve funds for non-capital purposes and eliminating the necessity for municipalities and school districts to distinguish between capital reserve funds and publicly funded trust funds.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1995/hb196}, note = {Accessed 24 Oct. 2026} }
HB 196-LOCAL (1995)
permitting municipalities and counties to establish reserve funds for non-capital purposes and eliminating the necessity for municipalities and school districts to distinguish between capital reserve funds and publicly funded trust funds.
- Status: Signed into law
- Term: 1995-1996
- House committee: Municipal and County Government
- Senate committee: Public Affairs
- Subject: Municipalities
- Chapter law: 20
The Story
It was introduced on January 4, 1995 and referred to the House Municipal and County Government committee. The committee held a public hearing on January 17, 1995. The majority of the committee recommended that the House pass it with changes unanimously, 16–0, and the report was placed on the consent calendar. On February 2, 1995 the House voted to pass it with changes. It crossed to the Senate on February 7, 1995 and was referred to the Senate Public Affairs committee. The committee held a public hearing on March 23, 1995. The committee recommended that the Senate pass it. On March 28, 1995 the Senate voted to pass it on a voice vote. The bill was enrolled on April 4, 1995 — the final check of the text before it goes to the governor. The governor signed it on April 12, 1995, making it Chapter 20 of the session laws. It took effect on June 11, 1995.
Sponsors
- Rep. Stone (Rock 7) (prime sponsor)
- Rep. Hansen (Hills 2)
- Rep. R. Wheeler (Hills 7)
- Sen. Barnes (SD17)
Hearings and Sessions
- January 17, 1995, 1:00 PM: hearing, House Municipal and County Government, RM211,LOB
- March 23, 1995, 11:00 AM: hearing, Senate Public Affairs, RM102,LOB
Votes
- March 28, 1995, Senate: Ought to Pass — voice vote, passed
The Docket
- January 4, 1995: INTRODUCED AND REF TO MUN & CNTY GOVT; HJ9,P122
- January 4, 1995: COPY TO CHAIRMAN ON 01/04/95 DUE ON 03/08/95
- January 17, 1995: HEARING JAN17 01:00 RM211,LOB FOR: MUN & CNTY GOVT
- January 25, 1995: MAJ REPORT OTP/AM FOR FEB02 (VOTE 16-0;CC)
- January 25, 1995: PROP COMM AM<0998> (NEW TITLE); HC14,P262-263
- February 2, 1995: PASSED WITH AM; HJ18,P352-354 + 361
- February 7, 1995: INTRODUCED AND REF TO PUBLIC AFFAIRS; SJ3,P37
- February 13, 1995: //CANCELLED//HEARING MAR07 01:30 RM102,LOB FOR: PUBLIC AFFS
- March 23, 1995: RESCHEDULED HEARING MAR23 11:00 RM102,LOB FOR: PUB AFFS
- March 27, 1995: COMM REPORT OTP MAR28
- March 28, 1995: PASSED VV; SJ11,P190 + 194
- March 28, 1995: ENROLLED; SJ11,P195
- April 4, 1995: ENROLLED; HJ47,P1407
- April 12, 1995: SIGNED BY GOVERNOR 04/12/95 EFF: 06/11/95 CHAP.0020