Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 85(R)

Senate Bill 1665

Senate Author:  Huffman

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.