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NJ S256

Bill

Status

Introduced

1/13/2026

Primary Sponsor

Shirley Turner

Click for details

Origin

Senate

2026-2027 Regular Session

AI Summary

  • State Investment Council must submit quarterly reports (by August 1, October 1, February 1, and May 1) detailing investment returns achieved by external managers for State-administered retirement system funds, segregated by asset class.

  • External managers must disclose fee rates and amounts charged across all asset classes, including commodities, hedge funds, private equities, real estate, bonds, and equities.

  • Quarterly reports must distinguish whether investments were made by Division of Investment employees or by external managers.

  • Political contribution regulations adopted by the Council must apply equally to federal/national committees and non-State political committees, not just State-level committees.

  • Reports must be submitted to the Governor, Legislature, and State Treasurer, and provided to retirement system boards of trustees and Division of Pensions and Benefits for public posting.

Legislative Description

Requires State Investment Council report certain information quarterly; requires council's regulations addressing political contributions apply to federal or national committees and non-State political committees.

State Government, Wagering, Tourism & Historic Preservation

Last Action

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee

1/13/2026

Committee Referrals

State Government, Wagering, Tourism & Historic Preservation1/13/2026

Full Bill Text

No bill text available