CHAPTER 151
SB 140 - FINAL VERSION
03/16/2017 0818s
4May2017... 1346h
2017 SESSION
17-0888
10/04
SENATE BILL 140
AN ACT relative to the independent investment committee in the New Hampshire retirement system.
SPONSORS: Sen. Soucy, Dist 18; Sen. Watters, Dist 4; Rep. Proulx, Hills. 44; Rep. Danielson, Hills. 7
COMMITTEE: Executive Departments and Administration
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This bill establishes terms for the retirement system’s independent investment committee members.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03/16/2017 0818s
4May2017... 1346h 17-0888
10/04
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seventeen
AN ACT relative to the independent investment committee in the New Hampshire retirement system.
Be it Enacted by the Senate and House of Representatives in General Court convened:
151:1 Retirement System; Independent Investment Committee. Amend RSA 100-A:14-b, I to read as follows:
I. The independent investment committee shall consist of not more than 5 members, 3 of whom shall be persons who are not members of the board of trustees appointed by the governor with the consent of the council, and up to 2 of whom shall be members of the board of trustees appointed by the chairperson of the board of trustees. Each independent investment committee member shall serve for a term of 3 years.
151:2 Application; Appointments.
I. The 3 members of the independent investment committee appointed by the governor with the consent of the council, under RSA 100-A:14-b, I as amended by section 1 of this act, shall be appointed for 3-year terms beginning July 1, 2017.
II. The 2 members of the independent investment committee appointed by the chairperson of the board of trustees, under RSA 100-A:14-b, I as amended by section 1 of this act, shall be appointed for 3-year terms beginning July 1, 2018.
151:3 Effective Date. This act shall take effect 60 days after its passage.
Approved: June 16, 2017
Effective Date: August 15, 2017
| Date | Body | Type |
|---|---|---|
| Feb. 22, 2017 | Senate | Hearing |
| March 16, 2017 | Senate | Floor Vote |
| April 4, 2017 | House | Hearing |
| April 12, 2017 | House | Exec Session |
| May 4, 2017 | House | Floor Vote |
Aug. 15, 2017: Signed by the Governor on 06/16/2017; Chapter 0151; Effective 08/15/2017
May 31, 2017: Enrolled (In recess 05/31/2017); SJ 19
June 1, 2017: Enrolled 06/01/2017 HJ 17 P. 127
May 18, 2017: Sen. Carson Moved to Concur with the House Amendment, MA, VV; 05/18/2017; SJ 17
May 4, 2017: Ought to Pass with Amendment 1346h: MA VV 05/04/2017 HJ 15 P. 4
May 4, 2017: Amendment # 2017-1346h: AA VV 05/04/2017 HJ 15 P. 4
May 4, 2017: Committee Report: Ought to Pass with Amendment # 2017-1346h for 05/04/2017 (Vote 17-0; CC) HC 22 P. 5
April 12, 2017: Executive Session: 04/12/2017 02:30 PM LOB 306
April 4, 2017: Public Hearing: 04/04/2017 02:30 PM LOB 306
March 9, 2017: Introduced 03/09/2017 and referred to Executive Departments and Administration HJ 10 P. 77
March 16, 2017: Ought to Pass with Amendment 2017-0818s, MA, VV; OT3rdg; 03/16/2017; SJ 9
March 16, 2017: Committee Amendment # 2017-0818s, AA, VV; 03/16/2017; SJ 9
March 16, 2017: Committee Report: Ought to Pass with Amendment # 2017-0818s, 03/16/2017; SC 14
Feb. 22, 2017: Hearing: 02/22/2017, Room 101, LOB, 09:50 am; SC 11
Jan. 19, 2017: Introduced 01/19/2017 and Referred to Executive Departments and Administration; SJ 5