SB 1000 - Onder, Bob
Modifies provisions relating to the public disclosure of investment assets and employee salaries of public employee retirement systems
Bill Details
Sponsor
LR Number
5197S.01I
Title
SB 1000
House Handler
N/A
Journal Page
Effective Date
August 28, 2020
Committee
Current Status
Second Read and Referred S Health and Pensions Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 1000 - This act provides that no investment asset or contract of a retirement system of this state, any political subdivision, or instrumentality of the state shall be purchased or executed unless all documents relating to such investment are public records. Any current investment assets and contracts are not to be extended, renewed, or continued past their original expiration date unless all documents relating to such investments are public records. Furthermore, all investment assets and contracts shall be presented to the governing board of a plan for approval prior to the investment of any funds.
The salaries, bonuses, and all other compensation of all employees of the Missouri Department of Transportation and Highway Patrol Employees' Retirement System or of the Missouri State Employees' Retirement System shall be maintained and available through the Missouri accountability portal.
KATIE O'BRIEN