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Senate Bill 322 |
Senate Author: Huffman et al. |
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Effective: 6-10-19 |
House Sponsor: Murphy |
Senate Bill 322 amends the Government Code to expand reporting requirements for all public pension systems by requiring additional information in a system's respective annual financial report and by providing for an investment practices and performance report that is based on a system evaluation conducted by an independent firm. Implementation of an applicable provision of this bill by the State Pension Review Board is mandatory only if an appropriation is made specifically for that purpose.