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NJ S256
Bill
Status
1/13/2026
Primary Sponsor
Shirley Turner
Click for details
AI Summary
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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.
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External managers must disclose fee rates and amounts charged across all asset classes, including commodities, hedge funds, private equities, real estate, bonds, and equities.
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Quarterly reports must distinguish whether investments were made by Division of Investment employees or by external managers.
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Political contribution regulations adopted by the Council must apply equally to federal/national committees and non-State political committees, not just State-level committees.
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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