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HB78Introduced in the House

Employees' Retirement System of Georgia; total percentage of funds invested in alternative investments; raise limit

Passed

Introduced by Lehman Franklin, District 160

What does this bill do?

Plain-English breakdown

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Official description

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.

Where it stands

Effective Date 2025-07-01

May 1, 2025

How did lawmakers vote?

House votes

1 recorded vote · each counted separately

Senate votes

1 recorded vote · each counted separately

SenateStage: Passage: Senate Vote #427 · April 2, 2025

35

Yes

18

No

3

Absent or Not Voting

56 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

See how each senator voted

Bill history

  1. House Hopper

  2. House First Readers

  3. House Second Readers

  4. House Committee Favorably Reported By Substitute

  5. House Third Readers

  6. House Passed/Adopted By Substitute

  7. Senate Read and Referred

  8. Senate Committee Favorably Reported

  9. Senate Read Second Time

  10. Senate Tabled

  11. Senate Taken from Table

  12. Senate Third Read

  13. Senate Passed/Adopted

  14. House Sent to Governor

  15. House Date Signed by Governor

  16. Act 63

  17. Effective Date 2025-07-01

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