Legislative Tracker

HB 83 Firefighters’ Pension Fund; invest up to 10 percent in real estate; provide

Voted on Friday February 10, 2017

Michael Caldwell's thoughts

This legislation would allow the Firefighters Pension Fund to invest up to 10% of its assets in real estate, and provides for a scenario under which the total value of the portfolio falls (causing that percentage to be larger than 10%) and allow them to keep the assets (prevent a fire sale due to a technicality in the code).

More information on legis.ga.gov
Majority vote: Yea

Voting total data is not yet available. Voting totals are usually posted within 24 hours of a vote.

Important: Information presented in the “Legislative Tracker” should not be considered as official data. For official records, please see the House Votes List on legis.ga.gov. Please report any errors found by contacting Michael@CaldwellForHouse.com.