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CT HB05965

Bill

Official Source

Status

Introduced

1/22/2015

Primary Sponsor

Themis Klarides

Click for details

Origin

House of Representatives

2015 General Assembly

AI Summary

  • Requires the State Treasurer to obtain majority approval from the Investment Advisory Council before making any investments of state employee pension funds
  • Establishes oversight mechanism for pension fund investment decisions currently made unilaterally by the State Treasurer
  • Applies to all investments in state employee pension funds
  • Referred to the Committee on Appropriations during the January 2015 legislative session

Legislative Description

An Act Concerning Oversight Of Investments Of Pension Funds By The Investment Advisory Council.

Last Action

Change of Reference, Senate to Committee on Finance, Revenue and Bonding

2/17/2015

Committee Referrals

Finance, Revenue and Bonding2/17/2015
Appropriations1/22/2015

Full Bill Text

No bill text available