HB 371 - Public Retirement Systems Investment Authority Law; increase in allowable fund investment; provisions
Current Status
04/21/09 - 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, relating to the "Public Retirement Systems Investment Authority Law," so as to provide for an increase in allowable retirement system fund investment in equities to 75 percent; to change the definition of the term "large retirement system" for purposes of enhanced investment authority; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 03/04/2009 | 1:24PM | House Vote #120 | 112 | 003 | 051 | 014 | PASS |
| 04/01/2009 | 4:37PM | Senate Vote #372 | 048 | 002 | 004 | 002 | PASSAGE BY SUBSTITUTE |
| 04/03/2009 | 12:54PM | House Vote #450 | 164 | 000 | 013 | 003 | Agree Sen Sub |
Status History
Bill History| Date | Action |
|---|
| 02/11/2009 | House First Readers |
| 02/12/2009 | House Second Readers |
| 02/25/2009 | House Committee Favorably Reported |
| 03/04/2009 | House Third Readers |
| 03/04/2009 | House Passed/Adopted |
| 03/05/2009 | Senate Read and Referred |
| 03/25/2009 | Senate Committee Favorably Reported |
| 03/25/2009 | Senate Read Second Time |
| 04/01/2009 | Senate Third Read |
| 04/01/2009 | Senate Passed/Adopted |
| 04/03/2009 | House Agree Senate Amend or Sub |
| 04/14/2009 | House Sent to Governor |
| 04/21/2009 | House Date Signed by Governor |
| 04/21/2009 | Act 44 |
| 04/21/2009 | Effective Date |
