File Code: State Pensions and Retirement
Crossfiled with: HOUSE BILL 481
- Sponsored By:
-
Senator McFadden (Chair, Joint Committee on Pensions) and Senators Currie,
Kasemeyer, Kramer, Munson, and Robey
- Entitled:
-
State Retirement and Pension Systems - Investments
Removing restrictions placed on the Board of Trustees for the State
Retirement and Pension System with regard to investing the assets of
the several systems of the State Retirement and Pension System in
nondividend paying common stocks; requiring that a majority of the
Comptroller, Treasurer, and Secretary of Budget and Management, in
their capacity as members of the Board of Trustees, approve the sales
and purchases of real estate; etc.
Legislative date is used to record
history occuring in the Chambers
otherwise Calendar date is used.
Senate Action
- 1/30
- First Reading Budget and Taxation
- Hearing 2/13 at 1:00 p.m.
- 2/6
- Hearing cancelled
- Hearing 2/20 at 1:00 p.m.
- 2/14
- Hearing cancelled
- Hearing 2/20 at 3:00 p.m.
- 3/17
- Favorable with Amendments Report by Budget and Taxation
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/19
- Third Reading Passed (45-1)
- 3/31
- Returned Passed
House Action
- 3/16
- First Reading Appropriations
- 3/21
- Hearing 3/28 at 1:00 p.m.
- 4/2
- Favorable Report by Appropriations
- 3/27
- Favorable Report Adopted
- Second Reading Passed
- 3/28
- Third Reading Passed (141-0)
Action after passage in Senate and House
- 5/22
- Vetoed by the Governor (Duplicative)
Sponsored by:
- Senator Nathaniel J. McFadden, District 45
- Senator Ulysses Currie, District 25
- Senator Edward J. Kasemeyer, District 12
- Senator Rona E. Kramer, District 14
- Senator Donald F. Munson, District 2
- Pensions, Joint Committee on
- Senator James N. Robey, District 13
Bill indexed under the following Subjects:
- Budget and Management, Department of
- Committees and Commissions -see also- Political Committees
- Comptroller
- Fees -see also- Devt Fees and Taxes; Reimbursement Rates
- Investments -see also- Securities
- Public Works, Board of
- Real Estate -see also- Agents and Brokers
- Real Property
- Reports
- Retirement Systems -see also- Mandatory Retirement
- Securities
- State Employees
- Treasurers
Bill affects the following Statutes:
- State Personnel and Pensions
- (
21-123 ,
21-123 ,
21-315
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments (Displayed in PDF Format):
Senate
- Number: 449339/01 Offered on: March 17, 2008 at:
9:16 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
Senate
- March 19, 2008: Third Reading Passed (45-1)
House
- March 28, 2008: Third Reading Passed (141-0)
