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HB 1035 - Retirement and pensions; public retirement systems invest in publicly traded limited partnerships which derive 90 percent of cash flow from real estate, natural resources, and commodities; authorize

Tracking Level: Monitor
Sponsor: Tom Weldon
Last Action: 2/21/2014 - House Second Readers
House Committee: Ret
Assigned To:
RetirementNext Bill

Staff Analysis of the Legislation

This bill would amend Code Section 47-20-83 of the O.C.G.A. to authorize public retirement systems to invest in publicly traded limited partnerships with 90% of cash flows from real estate, natural resources and commodities.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text