GA SB266 | 2023-2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 13-0)
Status: Engrossed on March 6 2023 - 50% progression, died in committee
Action: 2023-03-08 - House Second Readers
Pending: House Retirement Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

A BILL to be entitled an Act to amend Title 47 of the O.C.G.A., relating to retirement and pensions, so as to provide for a fiduciary duty to invest retirement assets solely in the financial interests of participants and their beneficiaries; to provide for duties; to provide for a definition; to revise the minimum and maximum allowable benefit multiplier for current and future retirees of the Public School Employees Retirement System; to provide for related matters; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Retirement and Pensions; fiduciary duty to invest retirement assets solely in the financial interests of participants and their beneficiaries; provide

Sponsors


Roll Calls

2023-03-06 - Senate - Passage By Substitute: Senate Vote #157 (Y: 54 N: 0 NV: 1 Abs: 1) [PASS]

History

DateChamberAction
2023-03-08HouseHouse Second Readers
2023-03-07HouseHouse First Readers
2023-03-06SenateSenate Passed/Adopted By Substitute
2023-03-06SenateSenate Third Read
2023-03-06SenateSenate Taken from Table
2023-03-06SenateSenate Tabled
2023-03-02SenateSenate Read Second Time
2023-03-01SenateSenate Committee Favorably Reported By Substitute
2023-02-28SenateSenate Read and Referred
2023-02-27SenateSenate Hopper

Georgia State Sources


Bill Comments

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