HB 249 - Public Retirement Systems Investment Authority Law; define certain terms; provisions
Current Status
05/24/10 - House Date Signed by Governor First Reader Summary
A BILL to be entitled an Act to amend Article 7 of Chapter 20 of Title 47 of the Official Code of Georgia Annotated, the "Public Retirement Systems Investment Authority Law," so as to expand the definition of the term "large retirement system"; to define certain terms; to provide that certain public retirement systems may invest retirement system assets in certain types of alternative investments, private placements, and other private investments; to provide that such investments may be made up to a certain amount; to shield information related to such investment from public scrutiny; to amend Code Section 50-18-72 of the Official Code of Georgia Annotated, relating to when public disclosure of records is not required and disclosure exempting legal authority, so as to exempt certain public records from public inspection; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 02/16/2010 | 11:11AM | House Vote #576 | 155 | 007 | 010 | 008 | PASS |
| 04/27/2010 | 11:06AM | Senate Vote #813 | 045 | 002 | 006 | 003 | PASSAGE |
Status History
Bill History| Date | Action |
|---|
| 02/02/2009 | House First Readers |
| 02/03/2009 | House Second Readers |
| 03/09/2009 | House Committee Favorably Reported |
| 04/03/2009 | House Withdrawn, Recommitted |
| 02/04/2010 | House Committee Favorably Reported |
| 02/16/2010 | House Third Readers |
| 02/16/2010 | House Passed/Adopted |
| 02/17/2010 | Senate Read and Referred |
| 04/01/2010 | Senate Committee Favorably Reported |
| 04/12/2010 | Senate Read Second Time |
| 04/27/2010 | Senate Third Read |
| 04/27/2010 | Senate Passed/Adopted |
| 05/10/2010 | House Sent to Governor |
| 05/24/2010 | House Date Signed by Governor |
| 05/24/2010 | Act 451 |
| 07/01/2010 | Effective Date |
