2025-2026 Regular SessionGeorgia Legislature

SB23: Retirement; total percentage of funds that the Employees' Retirement System of Georgia may invest in alternative investments; raise the limit

Legislative Summary

A BILL to be entitled an Act to amend Article 7 of Chapter 20 of Title 47 of the Official Code of Georgia Annotated, the "Public Retirement Systems Investment Authority Law," so as to raise the limit for the total percentage of funds that the Employees' Retirement System of Georgia may invest in alternative investments; to provide for related matters; to repeal conflicting laws; and for other purposes.

Demographic Impact

Overall analysis of equity impact

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Bill History

1/17/2025
Senate Hopper
Senate
1/27/2025
Senate Read and Referred
Senate
2/5/2025
Senate Committee Favorably Reported
Senate
2/6/2025
Senate Read Second Time
Senate
2/10/2025
Senate Third Read
Senate
2/10/2025
Senate Passed/Adopted
Senate
2/11/2025
House First Readers
House of Representatives
2/12/2025
House Second Readers
House of Representatives
3/25/2025
House Committee Favorably Reported By Substitute
House of Representatives
4/4/2025
House Withdrawn, Recommitted
House of Representatives

Roll Call Votes

Passage: Senate Vote #29
2/10/2025
47
Yea
8
Nay
0
Not Voting
1
Absent
Result: PASSED

Status Information

Current Status
Engrossed(2/10/2025)
Chamber
House of Representatives

Documents

Comm Sub
Bill Text3/25/202570.4 KB
Engrossed
Bill Text2/10/202570.9 KB
Introduced
Bill Text1/18/202570.0 KB
Misc
Misc3/25/202526.8 KB
Misc
Misc1/18/202541.0 KB