SB 427 - Public Retirement Systems Investment Authority Law; define terms; alternative investments

Current VersionPDF Version

Committees

Current Status

03/28/06 - House Tabled

First Reader Summary

A BILL to be entitled an Act to amend Article 7 of Chapter 20 of Title 47 of the O.C.G.A., the "Public Retirement Systems Investment Authority Law," so as to define certain terms; to provide that certain public retirement systems may invest retirement system assets in certain types of alternative investments, private placements, and other private investments; to provide that such investments may be made up to a certain amount; to shield information related to such investment from public scrutiny; to provide for a code of ethics; to amend Code Section 50-18-72 of the Official Code of Georgia Annotated, relating to when public disclosure of records is not required and disclosure exempting legal authority, so as to exempt certain public records from public inspection; to repeal conflicting laws; and for other purposes.

Votes

Electronically Recorded Votes
Date Time Vote No Yeas Nays NV Exc Description
02/28/06 12:03 PM Senate Vote #710 048 003 002 003 PASSAGE BY SUBSTITUTE
03/28/06 03:33 PM House Vote #1070 055 104 015 006 PASS
03/28/06 03:35 PM House Vote #1071 081 080 013 006 RECON

Status History

Bill History
Date Action
01/13/2006 Senate Read and Referred
02/13/2006 Senate Committee Favorably Reported
02/14/2006 Senate Read Second Time
02/28/2006 Senate Third Read
02/28/2006 Senate Passed/Adopted
03/01/2006 House First Readers
03/02/2006 House Second Readers
03/24/2006 House Committee Favorably Reported
03/28/2006 House Third Readers
03/28/2006 House Third Reading Lost
03/28/2006 House Reconsidered
03/28/2006 House Tabled

Footnotes

3/28/06 Tabled in House