SB 294 — Teachers Retirement System of Georgia; invest in alternative investments; permit
Last action — Effective Date
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 14, 2020. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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4 sponsors
4 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (3 R).
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Cleared a recorded vote
Passed 1 recorded vote so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
A BILL to be entitled an Act to amend Code Section 47-20-87 of the Official Code of Georgia Annotated, relating to eligible large retirement systems authorized to invest in certain alternative investments, so as to permit the Teachers Retirement System of Georgia to invest in alternative investments; to provide for related matters; to repeal conflicting laws; and for other purposes.
Bill Text
We don't have the full text on file for this bill yet.
Read SB 294 on the official Georgia source →Action History
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Effective Date
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Act 522
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Senate Date Signed by Governor
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Senate Sent to Governor
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House Passed/Adopted
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House Third Readers
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House Postponed
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House Postponed
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House Committee Favorably Reported
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House Second Readers
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House First Readers
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Senate Passed/Adopted
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Senate Third Read
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Senate Read Second Time
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Senate Committee Favorably Reported
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Senate Read and Referred
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Senate Hopper
Sponsors
- Ellis Black · Primary
- Chuck Hufstetler · Primary
- Frank Ginn · Primary
- Randy Robertson · Primary
Sponsorship breakdown
Export CSV (upgrade) →4 sponsors · 0 co-sponsors · 243 not signed on · 9 voted No
Sponsors (4)
- Ellis Black
- Chuck Hufstetler Republican
- Frank Ginn Republican
- Randy Robertson Republican
Co-sponsors (0)
None.
Not signed on (243)
243 members have not signed on to this bill.
Show all 243 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 16 | 1 | 0 | 0 |
| Unaffiliated | 17 | 10 | 0 | 1 |
| Democrat | 1 | 8 | 0 | 2 |
| Total | 34 | 19 | 0 | 3 |
| % of votes cast | 61% | 34% | 0% | 5% |
How each member voted (56)
| Member | Party | Vote |
|---|---|---|
| ANDERSON | — | Yea |
| ANDERSON | — | Nay |
| BLACK | — | Yea |
| BURKE | — | Yea |
| BUTLER | — | Nay |
| DUGAN | — | Yea |
| HARPER | — | Yea |
| HEATH | — | Yea |
| HENSON | — | Nay |
| HILL | — | Yea |
| JACKSON | — | Yea |
| JONES | — | Yea |
| JONES | — | Yea |
| JONES II | — | Nay |
| JORDAN | — | Yea |
| KARINSHAK | — | Nay |
| VACANT | — | Not Voting |
| LIGON, JR. | — | Yea |
| MULLIS | — | Yea |
| SEAY | — | Nay |
| STONE | — | Yea |
| TATE | — | Nay |
| THOMPSON | — | Yea |
| TIPPINS | — | Nay |
| UNTERMAN | — | Yea |
| WATSON | — | Yea |
| WILKINSON | — | Nay |
| WILLIAMS | — | Nay |
| David Lucas | Democrat | Yea |
| Donzella James | Democrat | Nay |
| Ed Harbison | Democrat | Nay |
| Elena Parent | Democrat | Nay |
| Freddie Powell Sims | Democrat | Nay |
| Gail Davenport | Democrat | Nay |
| Michael 'Doc' Rhett | Democrat | Nay |
| Nan Orrock | Democrat | Nay |
| Sally Harrell | Democrat | Nay |
| Sheikh Rahman | Democrat | Not Voting |
| Tanya Miller | Democrat | Not Voting |
| Bill Cowsert | Republican | Nay |
| Blake Tillery | Republican | Yea |
| Brandon Beach | Republican | Yea |
| Brian Strickland | Republican | Yea |
| Charles Martin | Republican | Yea |
| Chuck Hufstetler | Republican | Yea |
| Chuck Payne | Republican | Yea |
| Frank Ginn | Republican | Yea |
| Greg Dolezal | Republican | Yea |
| John Albers | Republican | Yea |
| John F. Kennedy | Republican | Yea |
| Kay Kirkpatrick | Republican | Yea |
| Larry Walker, III | Republican | Yea |
| Marty Harbin | Republican | Yea |
| Matt Brass | Republican | Yea |
| Randy Robertson | Republican | Yea |
| Steve Gooch | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 294 do?
- A BILL to be entitled an Act to amend Code Section 47-20-87 of the Official Code of Georgia Annotated, relating to eligible large retirement systems authorized to invest in certain alternative investments, so as to permit the Teachers Retirement System of Georgia to invest in alternative investments; to provide for related matters; to repeal conflicting laws; and for other purposes.
- Who sponsors SB 294?
- SB 294 is sponsored by Ellis Black, Chuck Hufstetler (Republican), Frank Ginn (Republican), and Randy Robertson (Republican).
- What is the current status of SB 294?
- This bill has been enacted into law. Introduced January 14, 2020. Enacted.
- Where can I track SB 294?
- Track SB 294 free on One Click Politics — get push/email alerts when it moves.
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