Fabio
82 lines
4.4 KiB
Markdown
82 lines
4.4 KiB
Markdown
---
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type: "Bill"
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title: "Retirement and pensions; eligible large retirement system's assets that may be invested in alternative investments; increase percentage"
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description: "A BILL to be entitled an Act to amend Code Section 47-20-87 of the Official Code of Georgia Annotated, relating to eligible large retirement systems authorized to invest in certain alternative investments, so as to increase the percentage of an eligible large retirement system's assets that may be invested in alternative investments; to provide limitations for the Teachers' Retirement System of Georgia; to provide for related matters; to repeal conflicting laws; and for other purposes."
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jurisdiction: "us/states/ga"
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legislature: "Georgia General Assembly"
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session: "2021_22"
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identifier: "HB 173"
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citation: "Georgia HB 173 (2021_22)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Bill Werkheiser", "Lauren McDonald", "Marcus Wiedower", "Mesha Mainor", "Ron Stephens", "Tommy Benton"]
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version_count: 6
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action_count: 15
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vote_count: 1
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first_action: "2021-01-28"
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last_action: "2021-07-01"
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source: "openstates"
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source_identifier: "ocd-bill/93afc881-2b4d-4925-937c-5850c812bb9f"
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source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
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source_hash: "618083d5515a53e98f447ae33138091e9fd3396b0b0b9de154398207626e3066"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ga"]
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---
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# Georgia HB 173 (2021_22) — Retirement and pensions; eligible large retirement system's assets that may be invested in alternative investments; increase percentage
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A BILL to be entitled an Act to amend Code Section 47-20-87 of the Official Code of Georgia Annotated, relating to eligible large retirement systems authorized to invest in certain alternative investments, so as to increase the percentage of an eligible large retirement system's assets that may be invested in alternative investments; to provide limitations for the Teachers' Retirement System of Georgia; to provide for related matters; to repeal conflicting laws; and for other purposes.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Auditor's Certification** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20212022/196274.pdf)
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2. **Auditor's Certification LC 43 1979S** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20212022/199376.pdf)
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3. **HB 173/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20212022/201675.pdf)
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4. **LC 43 1725/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20212022/196245.pdf)
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5. **LC 43 1979S/hcs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20212022/199866.pdf)
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6. **LC 43 1979S/hs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20212022/199375.pdf)
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## Votes
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- PASSAGE — **171–0** (pass) · lower
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## Sponsors
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- Bill Werkheiser — primary (person)
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- Lauren McDonald — primary (person)
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- Marcus Wiedower — primary (person)
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- Mesha Mainor — primary (person)
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- Ron Stephens — primary (person)
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- Tommy Benton — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-01-28** House Hopper
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- **2021-01-29** House First Readers `reading-1`
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- **2021-02-01** House Second Readers `reading-2`
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- **2021-03-03** House Committee Favorably Reported By Substitute `committee-passage-favorable`
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- **2021-03-08** House Third Readers `reading-3`
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- **2021-03-08** House Passed/Adopted By Substitute `passage`
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- **2021-03-09** Senate Read and Referred `referral-committee`
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- **2021-03-18** Senate Committee Favorably Reported `committee-passage-favorable`
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- **2021-03-22** Senate Read Second Time `reading-2`
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- **2021-03-25** Senate Third Read `reading-3`
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- **2021-03-25** Senate Passed/Adopted `passage`
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- **2021-04-05** House Sent to Governor `executive-receipt`
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- **2021-05-10** House Date Signed by Governor `executive-signature`
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- **2021-05-10** Act 271 `executive-signature`
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- **2021-07-01** Effective Date
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/93afc881-2b4d-4925-937c-5850c812bb9f`. Confidence: reported (aggregated from official Georgia legislature records).
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