Committee weighs expanding local governments' investment options beyond Georgia Fund 1 HB 871 would allow local governments to invest in additional liquidity options — including money market funds and additional local government investment pools — a change supporters say would increase diversification; the state treasurer and banking groups warned it risks oversight gaps and could divert local bank deposits. Committee held a hearing and took testimony.

House Bill 871 is stirring up controversy in Georgia as it proposes new investment options for local governments, but experts warn it could jeopardize public funds and local banking stability.

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#GA #CitizenPortal #InvestmentOptions #RegulatorySafeguards #PublicFinance

Lawmaker pitches Bill 859 to study and support clinical psychedelic trials in Vermont Sponsor introduced Bill 859 to recreate a psychedelic therapy advisory board and explore joining a multi-state consortium to enable clinical drug development trials (including Ibogaine); members discussed funding, referral to Human Services, and possibly splitting controversial trial provisions from study work.

Vermont is on the brink of exploring groundbreaking psychedelic therapies with Bill 859, aimed at empowering clinical trials for severe depression and PTSD.

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#VT #ClinicalTrials #MentalHealthInnovation #CitizenPortal #RegulatorySafeguards #VermontPsychedelics