TN SB2158 | 2015-2016 | 109th General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 21 2016 - 25% progression, died in committee
Action: 2016-01-25 - Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on January 21 2016 - 25% progression, died in committee
Action: 2016-01-25 - Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, requires TCRS board to strive to ensure that emerging investment managers account for at least 20 percent of all outside asset investments; increases amount of maximum portfolio to be considered an emerging investment manager from $100,000,000 to $250,000,000. - Amends TCA Title 4, Chapter 3, Part 24; Title 8 and Title 9.
Title
As introduced, requires TCRS board to strive to ensure that emerging investment managers account for at least 20 percent of all outside asset investments; increases amount of maximum portfolio to be considered an emerging investment manager from $100,000,000 to $250,000,000. - Amends TCA Title 4, Chapter 3, Part 24; Title 8 and Title 9.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-25 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2016-01-21 | Senate | Introduced, Passed on First Consideration |
| 2016-01-21 | Senate | Filed for introduction |
Same As/Similar To
HB2459 (Crossfiled) 2016-03-23 - Taken off notice for cal in s/c State Government Subcommittee of State Government Committee
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB2158&ga=109 |
| Text | https://www.capitol.tn.gov/Bills/109/Bill/SB2158.pdf |
