AN ACT RELATING TO PUBLIC FINANCE -- STATE INVESTMENT COMMISSION
Summary
Requires the state investment commission to create a capital access initiative to expand potential investment opportunities for the state’s pension fund and engage qualified but traditionally underrepresented investment managers.
Bill status
passed
3 of 5 stages cleared
Introduction
Mar 2025
Committee Review
Jun 2025
Senate Passage
Jun 2025
House Passage
Governor
Introduced Mar 21, 2025
Last action Jun 12, 2025
Floor votes · Senate Jun 12, 2025
How they voted
35–0
Passed · 1 other
Total votes 36
Jun 12, 2025
D
Democratic32
96% Yea
R
Republican4
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
2
Jun 12, 2025
Upper · Passed
06/12/2025 Senate read and passed
upper
Jun 5, 2025
Legislature · Passed
06/05/2025 Committee recommends passage
legislature
May 29, 2025
Committee
05/29/2025 Committee recommended measure be held for further study
legislature
Mar 21, 2025
Introduced
03/21/2025 Introduced, referred to Senate Finance
upper
9 primary · 0 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 865
Scope: RI
Hi! I can help you understand SB 865. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline