2025-2026 Regular Session
SB23
Retirement; total percentage of funds that the Employees' Retirement System of Georgia may invest in alternative investments; raise the limit
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.
Legislative progress
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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.
Recorded floor votes
3 roll calls are available for this bill. This record includes procedural and intermediate action as well as substantive final votes.
February 10, 2025 · Senate
Passage: Senate Vote #29
Passed ⭐ Substantive final action
47 yea–8 nay · 1 absent
March 31, 2026 · House
Passage: House Vote #823
Passed ⭐ Substantive final action
166 yea–0 nay · 2 not voting · 8 absent
April 2, 2026 · Senate
Agree To House Substitute: Senate Vote #960
Passed ⭐ Substantive final action
49 yea–1 nay · 3 not voting · 1 absent
Committee referrals
February 11, 2025 · House
Retirement
January 27, 2025 · Senate
Retirement
Instrument history
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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.
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State Veto V8
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Senate Senate Date Vetoed by Governor
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Senate Senate Sent to Governor
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Senate Senate Agreed House Amend or Sub
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House House Passed/Adopted By Substitute View roll call
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House House Third Readers
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House House Withdrawn, Recommitted
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House House Postponed
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House House Postponed
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House House Withdrawn, Recommitted
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House House Committee Favorably Reported By Substitute
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House House Withdrawn, Recommitted
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House House Committee Favorably Reported By Substitute
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House House Second Readers
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House House First Readers
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Senate Senate Passed/Adopted View roll call
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Senate Senate Third Read
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Senate Senate Read Second Time
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Senate Senate Committee Favorably Reported
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Senate Senate Read and Referred
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Senate Senate Hopper