Fabio
84 lines
4.4 KiB
Markdown
84 lines
4.4 KiB
Markdown
---
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type: "Bill"
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title: "Employees' Retirement System of Georgia; total percentage of funds invested in alternative investments; raise limit"
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description: "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."
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jurisdiction: "us/states/ga"
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legislature: "Georgia General Assembly"
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session: "2025_26"
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identifier: "HB 78"
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citation: "Georgia HB 78 (2025_26)"
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classification: ["bill"]
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subjects: ["RETIREMENT AND PENSIONS"]
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status: "enacted"
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primary_sponsors: ["Bill Yearta", "Gary Richardson", "John Carson", "Lehman Franklin", "Mike Cameron"]
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version_count: 6
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action_count: 17
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vote_count: 2
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first_action: "2025-01-16"
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last_action: "2025-07-01"
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source: "openstates"
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source_identifier: "ocd-bill/5b3024f6-a283-444a-8b64-99b1816dd1be"
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source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
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source_hash: "f9d0bd9ae7b83062215735b594c58a7216bb681e99ae3b3ec0345c1d3e5a4af0"
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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 78 (2025_26) — Employees' Retirement System of Georgia; total percentage of funds invested in alternative investments; raise limit
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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.
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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 LC 56 0227** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/230072.pdf)
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2. **Auditor's Certification LC 56 0319S** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/233164.pdf)
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3. **HB 78/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/239056.pdf)
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4. **LC 56 0227/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/230064.pdf)
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5. **LC 56 0319S/hcs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/233624.pdf)
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6. **LC 56 0319S/hs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/233156.pdf)
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## Votes
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- Senate Vote #427 - 2025-2026 Regular Session — **35–18** (pass) · upper
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- House Vote #72 - 2025-2026 Regular Session — **161–9** (pass) · lower
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## Sponsors
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- Bill Yearta — primary (person)
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- Gary Richardson — primary (person)
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- John Carson — primary (person)
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- Lehman Franklin — primary (person)
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- Mike Cameron — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-01-16** House Hopper `introduction`
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- **2025-01-17** House First Readers `reading-1`
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- **2025-01-27** House Second Readers `reading-2`
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- **2025-02-20** House Committee Favorably Reported By Substitute `committee-passage-favorable`
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- **2025-02-24** House Third Readers `reading-3`
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- **2025-02-24** House Passed/Adopted By Substitute `passage`
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- **2025-02-26** Senate Read and Referred `referral-committee`
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- **2025-03-13** Senate Committee Favorably Reported `committee-passage-favorable`
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- **2025-03-18** Senate Read Second Time `reading-2`
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- **2025-04-02** Senate Tabled
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- **2025-04-02** Senate Taken from Table
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- **2025-04-02** Senate Third Read `reading-3`
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- **2025-04-02** Senate Passed/Adopted `passage`
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- **2025-04-08** House Sent to Governor `executive-receipt`
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- **2025-05-01** House Date Signed by Governor `executive-signature`
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- **2025-05-01** Act 63 `executive-signature`
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- **2025-07-01** 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/5b3024f6-a283-444a-8b64-99b1816dd1be`. Confidence: reported (aggregated from official Georgia legislature records).
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