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Home > Tennessee > SB0330
Chief Sponsor:

Randy Mcnally

Tagged in: Pensions And Retirement Benefits

Latest Update: Tuesday, November, 04th 2008

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Companion Bill HB0462. Pensions and Retirement Benefits - Authorizes the Tennessee Consolidated Retirement System board of trustees to establish a policy to permit the retirement system to invest system assets in private equity. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37. Fiscal Summary for *SB0330 / HB0462 MINIMAL Bill Summary for *SB0330 / HB0462 ON APRIL 29, 2008, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 330, AS AMENDED. AMENDMENT #1 rewrites this bill. This amendment authorizes the TCRS board of trustees to establish an investment policy to permit the retirement system to invest system assets in private equity. Private equity investments would be limited to domestic and international venture capital, corporate buyouts, mezzanine and distressed debt, [...]

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Latest Actions
  • 06/20/2008 - Public Chapter 1094
  • 06/20/2008 - Effective date(s) 06/05/08
  • 06/05/2008 - Signed by Governor.
  • 05/27/2008 - Transmitted to Governor for action.
  • 05/26/2008 - Signed by House Speaker

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Bill Text
File name Last Updated
Amendment 1-0 to SB033004/04/2008
SB0330 Bill Text PDF10/27/2007

Fiscal Notes
File name Last Updated
Fiscal Memo - Amendment 1-0 to SB033004/05/2008
SB0330 Fiscal Notes PDF10/27/2007