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MS SB2129
Bill
AI Summary
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Board of Trustees of the Public Employees' Retirement System must conduct a study on using excess cash funds to invest in income-producing property
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Study shall investigate purchasing or constructing buildings to lease to state agencies using excess funds
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Board of Trustees must submit the study and any recommended legislation to the Secretary of the Senate and Clerk of the House by December 31, 2014
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Act takes effect upon passage
Legislative Description
PERS; require trustees to conduct a study to determine the advisability of investing excess funds in income-producing property.
Last Action
Died In Committee
2/4/2014
Committee Referrals
Finance1/10/2014
Full Bill Text
No bill text available