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Legislation


2010 Regular Session

HOUSE BILL 845

File Code: State Pensions and Retirement Prior Year Introduction As: SB 1018/09 - B&T Crossfiled with: SENATE BILL 793
Sponsored By:
Delegates Feldman, Lee, Miller, Morhaim, and Rice
Entitled:
State Retirement and Pension System - Investments - Qualified Information Technology, Green Technology, Medical Device Technology, or Bioscience Businesses

Synopsis:

Requiring the Board of Trustees of the State Retirement and Pension System to invest over a 5-year period $50,000,000 of the assets of the several systems in venture capital funds focused on qualified information technology, green technology, medical device technology, or bioscience businesses; requiring venture capital funds focused on qualified information technology, green technology, medical device technology, or bioscience businesses to invest a specified amount of the assets of the several systems in State-based businesses; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/10
First Reading Appropriations
2/24
Hearing 3/9 at 1:00 p.m.
3/15
Unfavorable Report by Appropriations
Senate Action
No Action

Sponsored by:

Delegate Brian J. Feldman, District 15
Delegate Susan C. Lee, District 16
Delegate Warren E. Miller, District 9A
Delegate Dan K. Morhaim, District 11
Delegate Craig L. Rice, District 15

Bill indexed under the following Subjects:

Committees and Commissions -see also- Political Committees
Industry and Technology
Investments -see also- Securities
Medical Research
Reports
Retirement Systems -see also- Mandatory Retirement
State Employees
Sunset

Bill affects the following Statute:

State Personnel and Pensions
( 21-123 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
Committee Votes :
House
Appropriations
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