AB 479 — Revises provisions governing the executive staff of the Public Employees' Retirement System. (BDR 23-1150)
Last action — Approved by the Governor. Chapter 462.
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✓Introduced
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✓In Committee
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✓Passed Assembly
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced May 10, 2021. 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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1 sponsor
1 primary, 0 co-sponsors signed on.
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.
Bill Text
What changed in the latest version
77 added · 90 removed77 line(s) added, 90 removed.
EXEMPTAssembly A.B.Bill No.
479479–Committee Aon SSEMBLYWays Band ILLNMeans O.CHAPTER..........
479–COMMITTEE ON W AYS AND M EANS M AY 10, 2021 ____________ Referred to Committee on Ways and Means SUMMARY—Revises provisions governing the executive staff of the Public Employees’ Retirement System.
(BDR 23-1150) FISCAL NOTE:
Effect on Local Government:
No.
Effect on the State:
Executive Budget.
~ EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
(2)Investment providesOfficer thein qualificationsexisting forlaw theas position;Deputy Investment Officer.
andSection (3)2 renames the position of this bill makes a conforming change as a result of the creation of the position of Chief Investment Officer.
EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
The Executive Officer shall select a General Counsel, Operations Officer, Chief Investment - *AB479* – 2 – Officer, Deputy Investment Officer, Chief Financial Officer, Manager of Information Systems, Administrative Services Coordinator and Administrative Analyst whose appointments are effective upon confirmation by the Board.
The Executive Officer, General Counsel, Operations Officer, Chief Investment Officer, Deputy Investment Officer, Chief Financial Officer, Manager of Information Systems, Administrative Services Coordinator and Administrative Analyst are entitled to annual salaries fixed by the Board with the approval of the Interim Retirement and Benefits Committee of the Legislature created - 81st Session (2021) – 2 – pursuant to NRS 218E.420.
The General Counsel must be an attorney in good standing licensedlic5. and admitted to practice law in this State.
5.
- *AB479* – 3 – 2.
The Public Employees’ Retirement Board may, without the approval required by subsection 2 of NRS 286.160, as amended by section 1 of this act, fix the initial annual salary of the Chief Investment Officer in an amount not to exceed the amount set forth for that position in the budget of the Public Employees’ Retirement System that is approved by the Legislature for the 2021- 2023 biennium.
H~~~~~ 21 - *AB479*81st Session (2021)
View plain text versions (2)
- Enrolled As Enrolled Current pdf
- Introduced As Introduced pdf
Action History
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Approved by the Governor. Chapter 462.
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Enrolled and delivered to Governor.
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In Assembly. To enrollment.
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Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly.
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From committee: Do pass. Placed on Second Reading File. Read second time.
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In Senate. Read first time. Referred to Committee on Finance. To committee.
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Read third time. Passed. Title approved. (Yeas: 36, Nays: 6.) To Senate.
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From committee: Do pass. Placed on Second Reading File. Read second time.
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Read first time. Referred to Committee on Ways and Means. To printer. From printer. To committee.
Sponsors
- Assembly Committee on Ways and Means · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 66 not signed on
Sponsors (1)
- Assembly Committee on Ways and Means
Co-sponsors (0)
None.
Not signed on (66)
66 members have not signed on to this bill.
Show all 66 →"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.
Subjects
Frequently asked questions
- Who sponsors AB 479?
- AB 479 is sponsored by Assembly Committee on Ways and Means.
- What is the current status of AB 479?
- This bill has been enacted into law. Introduced May 10, 2021. Enacted.
- Where can I track AB 479?
- Track AB 479 free on One Click Politics — get push/email alerts when it moves.
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