HB 4807

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
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 (1)
Dennis Paul
Related Legislation
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