HB 3776

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
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 (1)
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