HB 481

  • Georgia House Bill
  • 2023-2024 Regular Session
  • Introduced in House Feb 16, 2023
  • Passed House Feb 26, 2024
  • Passed Senate Mar 13, 2024
  • Signed by Governor May 06, 2024

Public Retirement Systems Investment Authority Law; provide for a fiduciary duty

Abstract

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 for a fiduciary duty to invest retirement assets solely in the financial interest of participants and their beneficiaries; to provide for duties; to provide for delegation of duties; to provide for objective; to provide for conformance; to provide for a definition; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

Bill Sponsors (6)

Votes


Actions


Jul 01, 2024

Georgia General Assembly

Effective Date

May 06, 2024

Senate

Act 587

House

House Date Signed by Governor

Apr 01, 2024

House

House Sent to Governor

Mar 13, 2024

Senate

Senate Passed/Adopted

Senate

Senate Third Read

Mar 11, 2024

Senate

Senate Read Second Time

Mar 08, 2024

Senate

Senate Committee Favorably Reported

  • Committee-Passage-Favorable
Retirement

Feb 27, 2024

Senate

Senate Read and Referred

  • Referral-Committee
Retirement

Feb 26, 2024

House

House Passed/Adopted By Substitute

House

House Third Readers

Feb 21, 2024

House

House Committee Favorably Reported By Substitute

  • Committee-Passage-Favorable
Retirement

Feb 21, 2023

House

House Second Readers

Feb 16, 2023

House

House Hopper

House

House First Readers

Bill Text

Bill Text Versions Format
HB 481/AP* PDF
LC 56 0143S/hcs PDF
LC 56 0143S/hs PDF
Auditor's Certification LC 56 0143S PDF
LC 43 2649/a PDF
Auditor's Certification PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Georgia General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.