General Bill
State Board of Administration:
Provides for additional members of SBA; specifies experience requirements for board members; requires SBA to create audit committee; specifies audit committee membership & member requirements; specifies committee duties & responsibilities; provides committee authority; specifies response requirements of executive director upon receipt of committee reports or recommendations; requires committee to recommend Chief of Internal Audit; provides for appointment, powers, & duties of Chief of Internal Audit; requires SBA to procure regular external audits of SBA; specifies audit requirements; requires SBA to appoint executive director; specifies knowledge & experience requirements for executive director; revises duties of executive director; increases membership of Investment Advisory Council; revises council membership requirements; provides additional duties of council; revises investment policy statement requirements; requires SBA to adopt standards of conduct for external investment managers; provides for voiding contracts for violations of standards of conduct.
Effective Date:
July 1, 2010
Last Event:
Died in Governmental Affairs Policy Committee; companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180) on Friday, April 30, 2010 6:59 PM
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Subject
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Relationship
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Bill #:
CS/CS/HB 1307
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Subject:
State Financial Matters
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Relationship:
Compare
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Bill #:
CS/CS/CS/SB 1078
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Subject:
State Financial Matters [WPSC]
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Relationship:
Compare
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Bill #:
SB 1530
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Subject:
State Board of Administration [WPSC]
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Relationship:
Compare
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Bill #:
CS/CS/SB 2186
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Subject:
State Board of Administration [WPSC]
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Relationship:
Compare
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