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: | |||
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.