AN ACT ESTABLISHING THE INVESTMENT BOARD AND CONCERNING INDEPENDENT REVIEW OF THE INVESTMENT PERFORMANCE OF THE STATE'S PENSION FUNDS.
To (1) establish the Investment Board and sunset the Investment Advisory Council, and (2) require the Office of Legislative Management to issue a request for proposals for an advisory firm to conduct an independent review of the investment performance of the state's pension funds relative to peer states' investment performances and submit a report of such review on an annual basis.
Introduced by:
Finance, Revenue and Bonding Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Raised Bill [doc] |
| Committee Actions | |
| FIN Vote Tally Sheet (MOTION FAILED) |
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Co-sponsors for Amendment LCO:
Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 4/24/2025 | (FIN) | Motion Failed (JF) | |
| 4/10/2025 | Public Hearing 04/14 | ||
| 4/9/2025 | Referred to Joint Committee on Finance, Revenue and Bonding |
Co-sponsors of SB-1557
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