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Public Funds and Financing - As enacted, requires the department of treasury investment division staff to invest, reinvest, manage, and select investment options for program assets for financial reasons, excluding environmental, social, and governance interests that may not be material to the financial analysis of the investment, for the exclusive benefit of the beneficiaries of the programs while maximizing long-term shareholder value; makes other changes concerning the authority of the state treasurer. - Amends TCA Title 9, Chapter 4.

Introduced: it can still change before the session ends.

TN HB 1286 · House Bill · 113

Stage
Introduced
Started in
House
Sponsor
1
Latest action
May 24, 2023

Where it stands

  1. Introduced (Current step)

    Introduced · May 24, 2023

  2. Committee (Not started)

  3. Floor (Not started)

  4. Law (Not started)

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Where it goes next

While a bill can still move, the questions are about people and money in Tennessee.

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Public Funds and Financing - As enacted, requires the department of treasury investment division staff to invest, reinvest, manage, and select investment options for program assets for financial reasons, excluding environmental, social, and governance interests that may not be material to the financial analysis of the investment, for the exclusive benefit of the beneficiaries of the programs while maximizing long-term shareholder value; makes other changes concerning the authority of the state treasurer. - Amends TCA Title 9, Chapter 4. | 52