HB 1036 HD 2

RELATING TO INVESTMENTS OF THE EMPLOYEES' RETIREMENT SYSTEM

By Representative(s) SAY (BR)

Companion Bill: SB 1282

Subjects: Governor

Keywords: PENSION AND RETIREMENT SYSTEM, PUBLIC EMPLOYEES, REAL PROPERTY, VENTURE CAPITAL

Report Title: Employees' Retirement System

Description: Allows the board of trustees of the employees' retirement system to invest in real estate through limited liability companies and similar entities. (HB1036 HD2)

 1-27-99        H Introduced and passed First Reading                      
 1-28-99        H Referred to the committees on 1. LAB 2. FIN ,
                  referral sheet 5
 2- 9-99        H Bill scheduled to be heard by LAB on Thursday,
                  02-11-99 at 8:30 A.M. in House conference room 309.
 2-11-99        H The committee(s) recommends that the measure be
                  deferred until 02-12-99.
 2-12-99        H The committee on LAB recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2-12-99        H The votes in LAB were as follows:10 Ayes: Rep.(s)
                  Yoshinaga, Catalani, Goodenow, Hamakawa, Hiraki,
                  Nakasone, Okamura, Takai, Moses, Rath; Ayes with
                  reservations: Rep.(s) ; none Noes: Rep.(s) ; and
                  none Excused: Rep.(s)
 2-17-99        H Reported from the committee on LAB (Stand. Com. Rep.        
                  No. 355) as amended in (HD 1), recommending passage         
                  on Second Reading and referral to the committee on
                  FIN
 2-17-99        H Passed Second Reading as amended in (HD 1) and
                  referred to the committee on FIN with
                  Representative(s) none voting no and
                  Representative(s) Cachola, Catalani, McDermott,
                  Menor, Saiki, Yoshinaga excused.
 2-22-99        H Bill scheduled to be heard by FIN on Wednesday,
                  02-24-99 at 11:30 A.M. in House conference room
                  308.
 2-24-99        H The committee on FIN recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2-24-99        H The votes in FIN were as follows:17 Ayes: Rep.(s)
                  Takamine, Kawakami, Ahu Isa, Catalani, Goodenow,
                  Kahikina, Kanoho, Luke, Nakasone, Saiki, Schatz,
                  Suzuki, Yamane, Fox, Marumoto, Meyer, Moses; Ayes
                  with reservations: Rep.(s) ; none Noes: Rep.(s) ;
                  and none Excused: Rep.(s)
 3- 3-99        H Reported from the committee on FIN (Stand. Com. Rep.        
                  No. 820) as amended in (HD 2), recommending passage         
                  on Third Reading
 3- 3-99        H Forty-eight (48) hours notice 03-05-99                   
 3- 5-99        H Passed Third Reading as amended in (HD 2)                
 3- 5-99        H The vote was as follows:  48 aye(s), with none
                  voting no and Representative(s) Moses, Okamura,
                  Takamine excused
 3- 5-99        H Transmitted to Senate                                    
 3- 9-99        S Received from House (Hse. Com. No. 129)                  
 3- 9-99        S Passed First Reading and referred to 1. CPN 2. WAM       
 3-11-99        S Bill scheduled to be heard by CPN on 03-15-99 at
                  9:00 a.m. in conference room 016
 3-15-99        S The committee on CPN recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 3-15-99        S The votes in CPN were as follows: 5 Ayes: Senator(s)        
                  Kanno, Taniguchi, Bunda, Inouye, Slom; Ayes with
                  reservations: Senator(s) ; none Noes: Senator(s) ;
                  and 3 Excused: Senator(s) Hanabusa, Ihara, Matsuura
 3-23-99        S Reported from CPN (Stand. Com. Rep. No. 965) with
                  recommendation of passage on Second Reading and
                  referral to WAM
 3-23-99        S Report adopted; Passed Second Reading and referred
                  to WAM.