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Session 125 - (2023-2024)Printer Friendly
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H 3565 General Bill, By Gilliam, Burns, Pace and Leber
Summary: State Pension Fiduciary Duty Act
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "STATE PENSION FIDUCIARY DUTY ACT"; AND BY ADDING SECTION 9-16-110 SO AS TO PROVIDE THAT STATE RETIREMENT FUNDS MUST BE INVESTED SOLELY TO ACHIEVE A RETURN FOR PENSION PLAN BENEFICIARIES AND NOT TO ACHIEVE CERTAIN POLITICAL AND SOCIAL OBJECTIVES.
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Summary: State Pension Fiduciary Duty Act
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "STATE PENSION FIDUCIARY DUTY ACT"; AND BY ADDING SECTION 9-16-110 SO AS TO PROVIDE THAT STATE RETIREMENT FUNDS MUST BE INVESTED SOLELY TO ACHIEVE A RETURN FOR PENSION PLAN BENEFICIARIES AND NOT TO ACHIEVE CERTAIN POLITICAL AND SOCIAL OBJECTIVES.
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12/15/22 | House | Prefiled |
12/15/22 | House | Referred to Committee on Ways and Means |
01/10/23 | House | Introduced and read first time (House Journal-page 212) |
01/10/23 | House | Referred to Committee on Ways and Means (House Journal-page 212) |
03/28/23 | House | Member(s) request name added as sponsor: Leber |