HB 0479 Relating to Certain Police & Firemen's Retirement Systems
Sponsor:FOLEY Handling House Bill:
Committee:RETC LR Number:L1142.01I
Last Action:02/16/95 - Bill Combined w/HCS/HB 260, 137, 328 & 479
Title:HCS/HB 260, 137 & 328
Effective Date:
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Current Bill Summary

HB0479 Foley, James Michael

P R E F I L E D

HB 479 -- Retirement System Investments

This bill requires the police and firemen's retirement systems of cities in first class counties to follow the prudent investor standard for investment fiduciaries when investing their assets. This standard is currently in the statutes for other public offices.