Requires State Investment Council report certain information quarterly; requires council's regulations addressing political contributions apply to federal or national committees and non-State political committees.

This bill requires New Jersey's State Investment Council to issue quarterly reports (in August, October, February, and May) detailing investment returns for state retirement funds by asset class, including performance data and fees paid to external managers. It mandates that external managers disclose all fees - such as performance-based earnings - across all investment types (including hedge funds, private equity, and real estate) and submit this information to the Council. Additionally, the bill requires external managers to certify political contributions made by their firms or affiliated committees during the prior year, expanding existing disclosure rules to cover federal or national political committees. These reports and disclosures will be made public via state websites and submitted to the Governor, Legislature, and State Treasurer.