Key Votes
SB 703 - Restrictions on the State Treasurer Regarding the State Pension Fund - Key Vote
North Carolina Key Votes
Bev Perdue signed this legislation.
Read recent statements Bev Perdue made in this general time period.
Stages
- June 11, 2009 Executive Signed
- June 2, 2009 Senate Concurrence Vote Passed
- May 28, 2009 House Bill Passed
- April 29, 2009 Senate Bill Passed
- March 19, 2009 Introduced
Family
Issues
Stage Details
Legislation - Signed (Executive) - June 11, 2009
Title: Restrictions on the State Treasurer Regarding the State Pension Fund
Legislation - Concurrence Vote Passed (Senate) (36-12) - June 2, 2009 (Key vote)
Title: Restrictions on the State Treasurer Regarding the State Pension Fund
Vote to concur with House amendments and pass a bill that would give the state treasurer more options regarding how he or she can invest state pension fund money. The bill would allow the treasurer to invest 5% of the state pension fund in non-investment grade securities and another 5% in inflation-resistant assets such as timberland or gold.
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.
Legislation - Bill Passed (House) (64-50) - May 28, 2009 (Key vote)
Title: Restrictions on the State Treasurer Regarding the State Pension Fund
Vote to pass a bill that changes the funds from which and the conditions under which the State Treasurer may invest.
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.
Legislation - Bill Passed (Senate) (47-1) - April 29, 2009
Legislation - Introduced (Senate) - March 19, 2009
Title: Restrictions on the State Treasurer Regarding the State Pension Fund
Sponsors
- Anthony E. 'Tony' Rand (NC - D) (Out Of Office)
