Bill Details - SB28 (2019)

SB 28 - AS AMENDED BY THE SENATE

 

02/14/2019   0206s

2019 SESSION

19-0960

10/08

 

SENATE BILL 28

 

AN ACT relative to an active retirement system member appointment to the independent investment committee.

 

SPONSORS: Sen. Cavanaugh, Dist 16

 

COMMITTEE: Executive Departments and Administration

 

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AMENDED ANALYSIS

 

This bill requires that a nonvoting member be added to the independent investment committee of the retirement system who is an active retirement system member appointed from a list of nominations.

 

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

02/14/2019   0206s 19-0960

10/08

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Nineteen

 

AN ACT relative to an active retirement system member appointment to the independent investment committee.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Retirement System; Independent Investment Committee; Appointments.  Amend RSA 100-A:14-b, I to read as follows:

I.  The independent investment committee shall consist of not more than 5 voting 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.  There shall also be one nonvoting member appointed by the governor with the consent of the council who shall be an active member in the retirement system chosen from a list submitted upon a vacancy of up to 3 persons nominated by each of the following organizations:  the New Hampshire State Employees' Association, the New Hampshire Education Association, the New Hampshire AFL-CIO, the New Hampshire Police Association, and the Professional Fire Fighters of New Hampshire.  Each independent investment committee member shall serve for a term of 3 years.

2  Effective Date.  This act shall take effect 60 days after its passage.

Docket

Date Status
Jan. 3, 2019 Introduced 01/03/2019 and Referred to Executive Departments and Administration; SJ 4
Jan. 3, 2019 Introduced 01/03/2019 and Referred to Executive Departments and Administration; SJ 4
Jan. 23, 2019 Hearing: 01/23/2019, Room 101, LOB, 10:30 am; SC 7
Feb. 7, 2019 Committee Report: Ought to Pass with Amendment # 2019-0206s, 02/07/2019; Vote 5-0; CC; SC 9
Feb. 7, 2019 Committee Report: Ought to Pass with Amendment # 2019-0206s, 02/07/2019; Vote 5-0; CC; SC 9
Feb. 14, 2019 Committee Report: Ought to Pass with Amendment # 2019-0206s, 02/14/2019; Vote 5-0; CC; SC 10
Feb. 14, 2019 Committee Amendment # 2019-0206s, AA, VV; 02/14/2019; SJ 5
Feb. 14, 2019 Ought to Pass with Amendment 2019-0206s, MA, VV; OT3rdg; 02/14/2019; SJ 5
March 20, 2019 Introduced 03/20/2019 and referred to Executive Departments and Administration
April 3, 2019 Public Hearing: 04/03/2019 10:00 am LOB 306

Action Dates

Date Body Type
Jan. 23, 2019 Senate Hearing
Feb. 7, 2019 Senate Floor Vote
Feb. 7, 2019 Senate Floor Vote
Feb. 14, 2019 Senate Floor Vote
April 3, 2019 House Hearing

Bill Text Revisions

SB28 Revision: 4705 Date: Jan. 14, 2019, 10:04 a.m.
SB28 Revision: 4731 Date: Jan. 14, 2019, 2:31 p.m.
SB28 Revision: 5329 Date: Feb. 14, 2019, 12:46 p.m.