Employees' Retirement System of Georgia; total percentage of funds invested in alternative investments; raise limit
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.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2025
Committee Review
Mar 2025
House Passage
Feb 2025
Senate Passage
Apr 2025
Signed into Law
May 2025
Introduced Jan 16, 2025
Signed May 1, 2025
Maddy AI version diff · 3 comparisons
What changed between versions
LC 56 0319S/hcs
→
HB 78/AP*
·
2 edits
MINOR
The bill title was updated to reflect its final passage status, and page numbering was adjusted to match the final version. No substantive policy changes were made to the bill's content.
TECHNICAL
Bill title changed from 'COMMITTEE SUBSTITUTE' to 'AS PASSED HOUSE AND SENATE', indicating the bill has completed its legislative process.
Page headers were updated from 'SUB' (substitute version) to the final version designation, with minor formatting adjustments to page numbers.
Floor votes · Senate Apr 2, 2025 · House Feb 24, 2025
How they voted
35–18
Passed · 2 other
Total votes 55
Apr 2, 2025
D
Democratic22
63% Nay
R
Republican33
81% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
17
Key actions
6
Committee
3
May 1, 2025
Signed into law
Act 63
upper
May 1, 2025
Signed into law
House Date Signed by Governor
lower
Apr 2, 2025
Upper · Passed
Senate Passed/Adopted
upper
Mar 13, 2025
Upper · Passed
Senate Committee Favorably Reported
upper
Feb 26, 2025
Committee
Senate Read and Referred
upper
Feb 24, 2025
Lower · Passed
House Passed/Adopted By Substitute
lower
Feb 20, 2025
Lower · Passed
House Committee Favorably Reported By Substitute
lower
Jan 16, 2025
Introduced
House Hopper
lower
5 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bill Yearta
RRepublican
P
Gary Richardson
RRepublican
P
John Carson
RRepublican
P
Lehman Franklin
RRepublican
P
Mike Cameron
RRepublican
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