SB 2580: State Board of Administration [WPSC]
GENERAL BILL by Deutch
State Board of Administration [WPSC]; Requires that the board create an audit committee for specified purposes. Provides requirements for members of the committee. Provides that members are state officers as defined by state law. Requires that the board adopt by rule standards of conduct for investment advisers and managers. Provides circumstances under which a contract with an investment adviser or manager is voidable, etc.
Effective Date: 07/01/2009
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Governmental Oversight and Accountability
Bill Text: Web Page | PDF
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Governmental Oversight and Accountability
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 3/2/2009 Senate • Filed
3/12/2009 Senate • Referred to Governmental Oversight and Accountability; Community Affairs; Finance and Tax; Policy & Steering Committee on Ways and Means -SJ 00203
3/19/2009 Senate • Introduced -SJ 00203
5/2/2009 Senate • Indefinitely postponed and withdrawn from consideration; Died in Committee on Governmental Oversight and Accountability
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SB 2580, Original Filed Version (Current Bill Version) Posted 3/2/2009 at 9:29 AM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location H 1427 State Board of Administration Williams Similar Last Action: 5/2/2009 H Indefinitely postponed and withdrawn from consideration; Died in Committee on Governmental Affairs Policy (EDCA)
Location:Citations - Statutes (9)
Citation Catchline Location in Bill Location In Bill Help 215.44 Board of Administration; powers and duties in relation to investment of trust funds. 215.441 Board of Administration; appointment of executive director. 215.442 Executive director; reporting requirements; public meeting. 215.444 Investment Advisory Council. 215.47 Investments; authorized securities; loan of securities. 215.475 Investment policy statement. 215.4754 215.4755 218.409 Administration of the trust fund; creation of advisory council.