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Georgia · 2025-2026 Regular Session · Bill

HB 78: Employees' Retirement System of Georgia; total percentage of funds invested in alternative investments; raise limit

Enacted Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 78 is a bill introduced in the Georgia House on January 16, 2025. According to its official title, it concerns: Employees' Retirement System of Georgia; total percentage of funds invested in alternative investments; raise limit. Primary sponsor: Lehman Franklin (Republican), John Carson (Republican), Gary Richardson (Republican), Bill Yearta (Republican), Mike Cameron (Republican). Most recent recorded action (July 1, 2025): Effective Date.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

A BILL to be entitled an Act to amend Article 7 of Chapter 20 of Title 47 of the Official Code of Georgia Annotated, the "Public Retirement Systems Investment Authority Law," so as to raise the limit for the total percentage of funds that the Employees' Retirement System of Georgia may invest in alternative investments; to provide for related matters; to repeal conflicting laws; and for other purposes.

Sponsors

Sponsors by party (alphabetical): Republican 5

NameRolePartyChamberDistrict
Lehman FranklinPrimary sponsorRepublicanHouse160
John CarsonPrimary sponsorRepublicanHouse46
Gary RichardsonPrimary sponsorRepublicanHouse125
Bill YeartaPrimary sponsorRepublicanHouse152
Mike CameronPrimary sponsorRepublicanHouse1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Effective Date
  2. Act 63
  3. House Date Signed by Governor
  4. House Sent to Governor
  5. Senate Passed/Adopted
  6. Senate Third Read
  7. Senate Taken from Table
  8. Senate Tabled
  9. Senate Read Second Time
  10. Senate Committee Favorably Reported
  11. Senate Read and Referred
  12. House Passed/Adopted By Substitute

Showing 12 most recent of 17 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source