Pensions and Retirement Benefits - As enacted, requires the TCRS board of trustees to divest the retirement system from investment activity it has in a company known to be majority-owned by China; requires a local governing body to divest its political subdivision pension plan from investment activity it has in a company known to be majority-owned by China. - Amends TCA Title 9, Chapter 4, Part 15.

Looking ahead

No hearings or votes scheduled.

History

1. 2025
   1. Apr 28Pub. Ch. 289Latest
   2. Apr 28Effective date(s) 04/24/2025
   3. Apr 24Signed by Governor Bill Lee.Became Law
   4. Apr 16Transmitted to Governor for his action.To Governor
   5. Apr 15Signed by Senate SpeakerMajor
   6. Apr 14Signed by H. SpeakerMajor
   7. Apr 9Senate substituted House Bill for companion Senate Bill.Major
      • Vote recorded FLOOR VOTE: Third Consideration 4/9/2025 Passed. Result: pass.Upper
   8. Apr 9Passed Senate, Ayes 25, Nays 1, PNV 1Passed Senate
   9. Apr 9Enrolled; ready for sig. of H. Speaker.Minor
   10. Mar 26Received from House, Passed on First ConsiderationMinor
   11. Mar 25Engrossed; ready for transmission to Sen.Minor
   12. Mar 24Sponsor(s) Added.Minor
       • Vote recorded HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 3/24/2025 3/20/2025. Result: fail.Lower
       • Vote recorded FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/24/2025 Passed. Result: pass.Lower
   13. Mar 24Passed H., Ayes 86, Nays 6, PNV 1Passed House
   14. Mar 20H. Placed on Regular Calendar for 3/24/2025
   15. Mar 19Placed on cal. Calendar & Rules Committee for 3/20/2025
   16. Mar 5Sponsor(s) Added.Minor
       • Vote recorded HOUSE STATE & LOCAL GOVERNMENT COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/5/2025 Passed. Result: pass.Lower
   17. Mar 5Rec. for pass; ref to Calendar & Rules CommitteeMinor
   18. Mar 4Sponsor(s) Added.Minor
   19. Feb 26Rec. for pass by s/c ref. to State & Local Government CommitteeMinor
       • Vote recorded HOUSE PUBLIC SERVICE SUBCOMMITTEE: Rec. for pass by s/c ref. to State & Local Government Committee 2/26/2025 Passed. Result: pass.Lower
   20. Feb 26Placed on cal. State & Local Government Committee for 3/5/2025
   21. Feb 25Sponsor(s) Added.Minor
   22. Feb 20Placed on s/c cal Public Service Subcommittee for 2/26/2025
   23. Feb 19Meeting Canceled
   24. Feb 14Sponsor(s) Added.Minor
   25. Feb 12Placed on s/c cal Public Service Subcommittee for 2/19/2025
   26. Feb 10Assigned to s/c Public Service SubcommitteeMinor
   27. Feb 6P2C, ref. to State & Local Government CommitteeMinor
   28. Feb 5Intro., P1C.Minor
   29. Feb 4Filed for introductionIntroduced