Enrolled Bill Summary
Legislative Session: 85(R)|
Senate Bill 1665 |
Senate Author: Huffman |
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Effective: 6-15-17 |
House Sponsor: Flynn |
Senate Bill 1665 amends the Government Code to provide for the permanent authority of the board of trustees of the Teacher Retirement System of Texas (TRS) to delegate discretionary investment authority to external investment managers to invest and manage not more than 30 percent of the total assets held in trust by TRS.