MI SB0797 | 2011-2012 | 96th Legislature

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 10-3)
Status: Passed on December 11 2012 - 100% progression
Action: 2012-12-11 - Assigned Pa 0347'12
Text: Latest bill text (Chaptered) [HTML]

Summary

Retirement; investments; investment of assets of public employee retirement systems; clarify regarding professional education and training, including travel, for board members, specify procedures for removal of board members, and update definitions regarding global securities. Amends secs. 12b, 12c, 13, 14, 15, 17, 19, 19a, 20c, 20d, 20h, 20k & 20m of 1965 PA 314 (MCL 38.1132b et seq.) & adds secs. 13e, 13f & 21.

Tracking Information

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Title

Retirement; investments; investment of assets of public employee retirement systems; clarify regarding professional education and training, including travel, for board members, specify procedures for removal of board members, and update definitions regarding global securities. Amends secs. 12b, 12c, 13, 14, 15, 17, 19, 19a, 20c, 20d, 20h, 20k & 20m of 1965 PA 314 (MCL 38.1132b et seq.) & adds secs. 13e, 13f & 21.

Sponsors


Roll Calls

2012-09-19 - House - House Third Reading: Passed Roll Call # 528 (Y: 104 N: 1 NV: 0 Abs: 0) [PASS]
2012-08-15 - House - Reported With Recommendation Without Amendment (Y: 23 N: 1 NV: 0 Abs: 0) [PASS]
2012-05-29 - Senate - Senate Third Reading: Passed Roll Call # 389 (Y: 30 N: 5 NV: 0 Abs: 3) [PASS]
2012-05-15 - Senate - Reported Favorably With Substitute S-3 (Y: 12 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2012-12-11SenateAssigned Pa 0347'12
2012-12-11SenateFiled With Secretary Of State 12/5/2012 @ 1:14 Pm
2012-12-11SenateApproved By Governor 12/5/2012 @ 11:40 Am
2012-12-05SenatePresented To Governor 12/4/2012 @ 12:42 Pm
2012-11-27SenateOrdered Enrolled
2012-11-27SenateFull Title Agreed To
2012-11-27SenateImmediate Effect Defeated
2012-09-20SenateImmediate Effect Postponed
2012-09-20SenateHouse Inserted Full Title
2012-09-19HouseReturned To Senate
2012-09-19HouseInserted Full Title
2012-09-19HousePassed Roll Call # 528 Yeas 104 Nays 1
2012-09-19HouseRead A Third Time
2012-09-19HousePlaced On Immediate Passage
2012-09-19HousePlaced On Third Reading
2012-09-19HouseRead A Second Time
2012-08-15HouseReferred To Second Reading
2012-08-15HouseReported With Recommendation Without Amendment
2012-05-29HouseReferred To Committee On Appropriations
2012-05-29HouseRead A First Time
2012-05-29HouseReceived On 05/29/2012
2012-05-29SenatePassed Roll Call # 389 Yeas 30 Nays 5 Excused 3 Not Voting 0
2012-05-29SenatePlaced On Immediate Passage
2012-05-29SenateRules Suspended
2012-05-29SenatePlaced On Order Of Third Reading With Substitute S-3 As Amended
2012-05-29SenateSubstitute S-3 As Amended Concurred In
2012-05-29SenateReported By Committee Of The Whole Favorably With Substitute S-3 And Amendment(s)
2012-05-15SenateReferred To Committee Of The Whole With Substitute S-3
2012-05-15SenateCommittee Recommended Immediate Effect
2012-05-15SenateReported Favorably With Substitute S-3
2011-11-03SenateReferred To Committee On Appropriations

Same As/Similar To

HB5416 (Same As) 2012-02-22 - Printed Bill Filed 02/22/2012

Subjects


Michigan State Sources

TypeSource
Summaryhttps://legislature.mi.gov/doc.aspx?2011-SB-0797
Texthttps://legislature.mi.gov/documents/2011-2012/billintroduced/Senate/htm/2011-SIB-0797.htm
Texthttps://legislature.mi.gov/documents/2011-2012/billengrossed/Senate/htm/2011-SEBS-0797.htm
Texthttps://legislature.mi.gov/documents/2011-2012/billengrossed/Senate/htm/2011-SEBH-0797.htm
Texthttps://legislature.mi.gov/documents/2011-2012/publicact/htm/2012-PA-0347.htm
Roll Callhttps://legislature.mi.gov/documents/2011-2012/Journal/Senate/htm/2012-SJ-05-15-046.htm
Roll Callhttps://legislature.mi.gov/documents/2011-2012/Journal/Senate/htm/2012-SJ-05-29-052.htm
Roll Callhttps://legislature.mi.gov/documents/2011-2012/Journal/House/htm/2012-HJ-08-15-064.htm
Roll Callhttps://legislature.mi.gov/documents/2011-2012/Journal/House/htm/2012-HJ-09-19-068.htm

Bill Comments

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