HB 318 - Public Retirement Systems Investment Authority Law; change certain provisions
Current Status
05/14/07 - House Date Signed by Governor First Reader Summary
A BILL to be entitled an Act to amend Article 7 of Chapter 20 of Title 47 of the Official Code of Georgia Annotated, the "Public Retirement Systems Investment Authority Law," so as to provide that certain foreign corporations shall be deemed to be United States corporations for purposes of investment by public retirement systems; to allow the investment of public retirement system assets in certain real estate trusts; to increase the percentage of the assets of certain public retirement systems that may be invested in foreign corporations; to provide that certain public retirement systems may enter into certain contracts, agreements, and other obligations; to repeal conflicting laws; and for other purposes.
Status History
Bill History| Date | Action |
|---|
| 02/09/2007 | House First Readers |
| 02/10/2007 | House Second Readers |
| 02/14/2007 | House Committee Favorably Reported |
| 02/21/2007 | House Third Readers |
| 02/21/2007 | House Third Reading Lost |
| 02/21/2007 | House Notice To Reconsider |
| 02/22/2007 | House Reconsidered |
| 03/20/2007 | House Third Readers |
| 03/20/2007 | House Passed/Adopted |
| 03/27/2007 | Senate Read and Referred |
| 04/17/2007 | Senate Committee Favorably Reported |
| 04/17/2007 | Senate Read Second Time |
| 04/19/2007 | Senate Third Read |
| 04/19/2007 | Senate Passed/Adopted |
| 04/30/2007 | House Sent to Governor |
| 05/14/2007 | House Date Signed by Governor |
| 05/14/2007 | Act 43 |
| 07/01/2007 | Effective Date |
