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AZ HB2080
Bill
Status
1/22/2018
Primary Sponsor
David Livingston
Click for details
AI Summary
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Amends Arizona Revised Statutes section 38-718 regarding the Arizona State Retirement System (ASRS) investment management authority.
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Allows ASRS to enter into contracts for investment-related services and market data from securities, commodities, options and monetary exchanges under both the current article and article 2.1 of the chapter.
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Permits these investment contracts to be interpreted and enforced under laws of jurisdictions other than Arizona and exempts them from Arizona's contracting requirements in title 41, chapter 23.
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Designates proprietary commercial investment information provided to the board, director, investment managers, and related personnel as confidential and not subject to public records disclosure if the information would not normally be released by its original source.
Legislative Description
ASRS; investment contracts
Boards, Commissions And Committees -- Current
Last Action
House BI Committee action: Held, voting: (0-0-0-0-0-0)
1/22/2018