HB3900 — Relating to consideration of whether banks, credit unions, and investment pools are located in this state in investment policies adopted by local governments.

HB3900 — Relating to consideration of whether banks, credit unions, and investment pools are located in this state in investment policies adopted by local governments. · Informed CitizenryThe bill amends Section 2256.005 of the Government Code by adding Subsection (b-1). This new subsection requires that local government investment policies must mandate that at least 35 percent of t…Open in Informed Citizenry