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SUMMARY 0? ACTIOI TAKES AT 1937 LEGISLATIVE SESSIONS HARM0NIZI8G STATE DEPOSITORY PROVISIONS *VITH FEDERAL MOHIBITIOE I* States in -which no motion is Necessary, either by Reason of Judicial or Administrative Interpretation of the Statutes or Becuase the Statutes do not Require Interest on Public Deposits! Alabama Arkansas Connecticut Delaware Kentucky Maine Maryland Massachusetts Michigan **• Nebraska New Hampshire Hew Jersey Horth Carolina f'ennsylvania Rhode Island South Carolina Virginia Washington Total 18 States Taking Complete Actiont Colorado Idaho Indiana Iowa New York Ohio Oklahoma Oregon i&nnesota Montana Nevada South Dakota Texas Utah New Mexico West Virginia Total 18 Illinois has bill pending* Wisconsin has bill pending* ***• States Where Action Taken,Although Seemingly not Complete? Arizona - did not amend provisions re school sinking funds and school bond proceeds* California - did not amend provisions re funds of county, city, town, municipality, or other public or municipal corporations* Florida - did not aaaend provisions re county funds, general or common county school funds, specie! tax school district funds, road and bridge funds. Everglades Drainage District funds* Kansas - did not amend provisions re funds of public schools in cities of first class* Missouri - Although they did enact a general prohibition of interest on demand deposits, the constitution was not amended, and this statute may be declared unconstitutional* IV* States where no Action was Taken, Though Needed. Also State fthose Action will not be effective 3efore August 24, 1937 i Georgia Louisiana Mississippi Horth Dakota Tennessee Vermont Wyoming (Constitutional amendment to be votea upon at general election in rlovember* )
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