2012 House Bill 5416

Cap municipal pension board travel expenses and more

Introduced in the House

Feb. 21, 2012

Introduced by Rep. John Walsh (R-19)

To cap municipal pension board spending on board members travel and training expenses at $150,000 per year, and $30,000 per board member. The bill also proposes specific pension system transparency requirements; restricts investments in entities whose principles made large political contributions; revises limits on investments in non-publically traded companies; and more.

Referred to the Committee on Appropriations