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.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2023
Committee Review
Mar 2023
Senate Passage
May 2023
House Passage
May 2023
Signed into Law
May 2023
Introduced Feb 2, 2023
Signed May 17, 2023
Floor votes · Senate Mar 13, 2023 · House Apr 21, 2023
How they voted
27–4
Passed · 2 other
Total votes 33
Mar 13, 2023
D
Democratic6
66% Nay
R
Republican27
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
24
Key actions
6
Committee
2
Amendments
2
May 17, 2023
Signed into law
Signed by Governor.
May 5, 2023
House · Passed
Signed by H. Speaker
May 3, 2023
Senate · Passed
Signed by Senate Speaker
Apr 21, 2023
Senate · Amendment withdrawn
Am. withdrawn. (Amendment 1 - HA0463)
Apr 21, 2023
House · Passed
Passed H., Ayes 75, Nays 19, PNV 0
Mar 13, 2023
Senate · Amendment offered
Senate adopted Amendment (Amendment 1 - SA0061)
Mar 13, 2023
Senate · Passed
Passed Senate as amended, Ayes 27, Nays 4, PNV 2
Mar 7, 2023
Senate · Reported by committee
Recommended for passage, refer to Senate Calendar Committee
Feb 28, 2023
Senate · Reported by committee
Placed on Senate State and Local Government Committee calendar for 3/7/2023
Feb 6, 2023
Senate · Passed
Passed on Second Consideration, refer to Senate State and Local Government Committee
Feb 2, 2023
Senate · Introduced
Introduced, Passed on First Consideration
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jack Johnson
RRepublican
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