Amend SB 983 as follows:
      (1)  In SECTION 1 of the bill (Committee Printing page 1,
line 13), strike "Subsection (g)" and substitute "Subsections (g)
and (h)".
      (2)  In SECTION 1 of the bill (Committee Printing page 1,
between lines 39 and 40), insert the following:
      (h)  An investment manager with whom the board of trustees
contracts under Subsection (c) who assumes fiduciary
responsibilities to the retirement system is considered to agree
that the laws of this state govern the performance of the manager's
responsibilities to the system and to submit to the jurisdiction of
the courts of this state.  Venue of an action involving a breach of
a duty owed by an investment manager to the retirement system or
its participants is in Travis County.
      (3)  In SECTION 2 of the bill (Committee Printing page 1,
line 41), strike "Subsection (f)" and substitute "Subsections (f)
and (g)".
      (4)  In SECTION 2 of the bill (Committee Printing page 1,
between lines 55 and 56), insert the following:
      (g)  An investment manager with whom the board of trustees
contracts under Subsection (b) who assumes fiduciary
responsibilities to the retirement system is considered to agree
that the laws of this state govern the performance of the manager's
responsibilities to the system and to submit to the jurisdiction of
the courts of this state.  Venue of an action involving a breach of
a duty owed by an investment manager to the retirement system or
its participants is in Travis County.
      (5)  In SECTION 3 of the bill (Committee Printing page 1,
line 57), strike "Subsection (d)" and substitute "Subsections (d)
and (e)".
      (6)  In SECTION 3 of the bill (Committee Printing page 1,
between lines 61 and 62), insert the following:
      (e)  An investment manager with whom the board of trustees
contracts under Subsection (d) who assumes fiduciary
responsibilities to the retirement system is considered to agree
that the laws of this state govern the performance of the manager's
responsibilities to the system and to submit to the jurisdiction of
the courts of this state.  Venue of an action involving a breach of
a duty owed by an investment manager to the retirement system or
its participants is in Travis County.