89th Legislature

HB 4807

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 4807 establishes fiduciary responsibilities for public retirement system governing bodies, investment managers, and proxy advisors. It requires investment decisions to be based solely on financial factors and prohibits using pension funds for political, social, or ideological purposes. The bill mandates transparency in proxy voting, investment disclosures, and compliance reporting to the State Pension Review Board​.
Author
Dennis Paul