HB0060            State investment policy.
Sponsored by: Select Committee on Capital Financing & Investments
AN ACT relating to public funds; removing restriction on the percentage of permanent funds that may be invested in common stock; providing for a strategy to evaluate the risks of investments; requiring the state loan and investment board to establish metrics for managing and mitigating the risks of investments; requiring evaluations of the risks of investments as specified; requiring reports; and providing for an effective date.

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