1999 Regular Session

SENATE BILL 627

File Code: State Pensions and Retirement
Sponsored By:
Senator Mitchell
Entitled:
State Retirement and Pension System - Investments - Mortgages for Low and Middle Income Individuals

Synopsis:

Requiring the Board of Trustees of the State Retirement and Pension System to implement a pilot program to invest specified amounts in mortgage loans and closing assistance for low and middle income individuals; etc.

History by Legislative Date

Senate Action
2/5
First Reading Budget and Taxation
2/24
Hearing 3/11 at 8:30 a.m.
3/22
Unfavorable Report by Budget and Taxation
House Action
No Action
Bill indexed under the following Subjects:
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
INVESTMENTS -see also- SECURITIES
MORTGAGES
REPORTS -see also- RECORDS
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
RULES AND REGULATIONS
SETTLEMENT PROCEDURES
STATE EMPLOYEES -see also- PUBLIC EMPLOYEES
SUNSET
Bill affects the following Statutes:
State Personnel and Pensions
( 21-123 , 21-123 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered