H1139: State Board of Administration
Legislative Summary
Specifies when SBA may not pay certain benefits; authorizes SBA to develop investment products; modifies procedures for designation of beneficiaries; revises investments which SBA may make; authorizes SBA & affiliated entities to issue securities, borrow moneys & use proceeds of loans or financing obligations as loans or sources of funding; revises types of funds in which state may invest; revises provisions related to boycott Israel & scrutinized companies; revises amount of funds which may be invested in alternative investments.
Demographic Impact
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