Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 312 amends the fiduciary responsibilities of public retirement systems, investment managers, and proxy advisors in Texas. It emphasizes the use of financial factors that align with prudent investor standards for achieving returns, clarifies roles, and prohibits decisions based on non-financial factors that do not align with fiduciary duties​.
Author (1)
Bryan Hughes
Contact the Author
Sen. Bryan Hughes
Capitol Phone:
(512) 463-0101
Capitol Office:
CAP 3E8
E-Mail:
