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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
State Retirement and Pension System - Investment Management Fees
Sponsored by
Delegates Barve, Fraser-Hidalgo, Grammer, Pendergrass, Qi, Stein, Valderrama, and Wivell
Status
In the House - Hearing 3/10 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Altering a requirement that the Board of Trustees for the State Retirement and Pension System provide a quarterly estimate of certain external investment management services; prohibiting the Board of Trustees from incurring fees for external investment management services that exceed 0.2% of the market value of invested assets as of the last day of the preceding fiscal year; exempting from the prohibition certain fees incurred under a contract entered into on or before June 30, 2020; etc.
Committees
Original:
Appropriations
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2020
Legislation History
Chamber
House
Calendar Date
2/07/2020
Legislative Date
2/07/2020
Action
First Reading Appropriations
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Text - First - State Retirement and Pension System - Investment Management Fees
Proceedings
Chamber
House
Calendar Date
2/10/2020
Legislative Date
2/10/2020
Action
Hearing 3/10 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/07/2020 2/07/2020 First Reading Appropriations
Text - First - State Retirement and Pension System - Investment Management Fees
House 2/10/2020 2/10/2020 Hearing 3/10 at 1:00 p.m.
Last Updated: 9/22/2020 2:26 PM
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