Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 2642 updates regulations for governmental investments by expanding the definition of "qualified manager" to include investment management firms, banks, and bank holding companies. It also revises rules for investment pools, requiring additional disclosure of fees, investment breakdowns, and financial risks. It mandates confirmation that no sponsorship agreements or royalties are paid to outside organizations from the pool’s funds.
Author (2)
Mayes Middleton
Adam Hinojosa
Contact the Author
Sen. Mayes Middleton
Capitol Phone:
(512) 463-0111
Capitol Office:
EXT E1.706
E-Mail:
