ConnecticutSB 015572025 Regular SessionSenate

AN ACT ESTABLISHING THE INVESTMENT BOARD AND CONCERNING INDEPENDENT REVIEW OF THE INVESTMENT PERFORMANCE OF THE STATE'S PENSION FUNDS.

Sponsored By: Finance, Revenue and Bonding Committee

Failed

Summary

To (1) establish the Investment Board and sunset the Investment Advisory Council, and (2) require the Office of Legislative Management to issue a request for proposals for an advisory firm to conduct an independent review of the investment performance of the state's pension funds relative to peer states' investment performances and submit a report of such review on an annual basis.

finance, revenue and bonding

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Finance, Revenue and Bonding Committee

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 17 • No: 35

Senate vote • 4/24/2025

FIN Vote Tally Sheet (MOTION FAILED)

Yes: 17 • No: 35

Actions Timeline

  1. Motion Failed JF

    4/24/2025legislature
  2. Public Hearing 04/14

    4/10/2025legislature
  3. Referred to Joint Committee on Finance, Revenue and Bonding

    4/9/2025legislature

Bill Text

  • Raised Bill

    4/9/2025

  • FIN Vote Tally Sheet (MOTION FAILED)

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