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  89R10079 SCL-F     By: Hinojosa of Hidalgo S.B. No. 2329       A BILL TO BE ENTITLED   AN ACT   relating to investment of local governments' money in banks located   in this state.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 2256.005, Government Code, is amended by   adding Subsection (b-1) to read as follows:           (b-1)     The investment policies for a local government must   require at least 35 percent of the local government's funds that the   governing body of the local government determines are available for   investment to be invested in an authorized investment described by   Section 2256.009(a)(7) or (8) or 2256.010 in a bank located in this   state.          SECTION 2.  This Act takes effect January 1, 2026.