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)  The board of trustees, a trustee, or an employee of the
retirement system is not liable, personally or in the person's
capacity as a trustee or employee, for the acts, omissions, or
decisions of an investment manager to whom fiduciary
responsibilities have been delegated under this section.
      (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)  The board of trustees, a trustee, or an employee of the
retirement system is not liable, personally or in the person's
capacity as a trustee or employee, for the acts, omissions, or
decisions of an investment manager to whom fiduciary
responsibilities have been delegated under this section.
      (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)  The board of trustees, a trustee, or an employee of the
retirement system is not liable, personally or in the person's
capacity as a trustee or employee, for the acts, omissions, or
decisions of an investment manager to whom fiduciary
responsibilities have been delegated under this section.