Legislation

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

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2020

History

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
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.

File Code

Subjects

Statutes