SENATE BILL 1018

Sponsored By:

Senator Garagiola

Entitled:

State Retirement and Pension System - Investments - Qualified Technology or Bioscience Businesses

Synopsis:

Requiring the Board of Trustees of the State Retirement and Pension System to invest in qualified technology or bioscience businesses the greater of 0.5% of the assets of the several systems, or $20,000,000.

History by Legislative and Calendar Date

Senate Action

3/4

First Reading Senate Rules

3/11

Re-referred Budget and Taxation

Hearing 3/26 at 9:00 a.m.

3/24

Hearing cancelled

House Action

No Action

Bill indexed under the following Subjects:

Committees and Commissions -see also- Political Committees

Industry and Technology

Investments -see also- Securities

Retirement Systems -see also- Mandatory Retirement

State Employees

Bill affects the following Statute:

State Personnel and Pensions

( 21-123 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Not available at this time

Amendments: None offered