Introduced
by
Go cap municipal and state pension board spending on board members' travel and training expenses at $150,000 per year, and $30,000 maximum per board member. The bill also proposes specific pension system transparency requirements; restricts payments to service providers who made large political contributions; increases limits on how much can be invested in real estate, "private equity" and global equities; establishes other regulations on investment service providers; and more.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (S-3) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the Senate 30 to 5 (details)
Referred to the Committee on Appropriations
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 104 to 1 (details)
Go cap municipal and state pension board spending on board members' travel and training expenses at $150,000 per year, and $30,000 maximum per board member. The bill also proposes specific pension system transparency requirements; restricts payments to service providers who made large political contributions; increases limits on how much can be invested in real estate, "private equity" and global equities; establishes other regulations on investment service providers; and more.
