Regular Session News #5: Investment bill stays in committee
Apr 3, 2024
On Tuesday, the Senate retirement committee considered a substitute bill in place of Senate Bill 5 (Sen. Miguez). The substitute bill, also by Sen. Miguez, would still establish in law new language governing certain investment and proxy voting decisions made on behalf of the retirement systems. The substitute bill also gives the state attorney general enforcement authority over provisions in the bill. The substitute bill did not advance out of committee.In other news:
The House Retirement Committee is scheduled to meet at 9:30 a.m. on Friday, April 5. There are currently no bills that would impact TRSL on the agenda.
TRSL will keep you informed about the status of bills being monitored throughout the session. You can view all meeting schedules and agendas on the Louisiana State Legislature website. Visit the Legislation page of this website, to see all legislation impacting the retirement system.
Stay tuned for future updates.