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
Yea
Majority vote: Yea

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

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