Bill 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.

Sponsorship: Moderate Partisan Bill (Republican 10-3)

Status: (Passed) 2012-12-11 - Assigned Pa 0347'12 [SB0797 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
House	House Third Reading: Passed Roll Call # 528	2012-09-19	104	1	0	0	105	Passed	Link	View
House	Reported With Recommendation Without Amendment	2012-08-15	23	1	0	0	24	Passed	Link	View
Senate	Senate Third Reading: Passed Roll Call # 389	2012-05-29	30	5	0	3	38	Passed	Link	View
Senate	Reported Favorably With Substitute S-3	2012-05-15	12	1	0	0	13	Passed	Link	View