89th Legislature

HB 3776

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 3776 imposes new reporting requirements on public retirement systems that allow proxy advisors or investment managers to vote their shares. It requires annual reports detailing how proxy votes were cast, with the reports made publicly available by the State Pension Review Board. Smaller investment managers managing less than $50 million in system assets are exempt from the reporting requirement.
Author
Dennis Paul