H.F. No. 3272 - State Board of Investment

• Authorizes the State Board of Investment to invest in liquid alternatives, bank loans, and international securities in addition to existing investment categories.

• Exempts investments in liquid alternatives, bank loans, and international securities from the 35 percent market value cap that applies to equity, debt, real estate, and resource investments.

• Extends confidentiality protections for financial, business, and proprietary data related to investments in the newly authorized categories (liquid alternatives, bank loans, and international securities).

• Makes public certain standardized investment data including entity name, commitment amounts, market value, internal rate of return, and investment age for all investment types.

• Takes effect the day following final enactment.