New York · 2025 Regular Session · Bill
A 4866: Prohibits the use of investment managers to assist with investments of monies in the common retirement fund
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 4866 is a bill introduced in the New York House on February 6, 2025. According to its official title, it concerns: Prohibits the use of investment managers to assist with investments of monies in the common retirement fund. Primary sponsor: Jenifer Rajkumar (Democratic). Most recent recorded action (January 7, 2026): REFERRED TO GOVERNMENTAL EMPLOYEES.
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.
Prohibits the use of investment managers to assist with investments of monies in the common retirement fund; requires that all current contracts with investment managers not be renewed after a period of one year.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jenifer Rajkumar | Primary sponsor | Democratic | House | 38 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO GOVERNMENTAL EMPLOYEES
- REFERRED TO GOVERNMENTAL EMPLOYEES