HB 1567

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM

By Representative(s) MOSES / ABINSAY / ITO / TAKAI / AHU ISA / STEGMAIER / PENDLETON / MEYER / RATH

Keywords: BUSINESS ENTERPRISES, PENSION AND RETIREMENT SYSTEM, PUBLIC EMPLOYEES, REAL PROPERTY, TAXATION

Report Title: ERS; Investments

Description: Requires that by 2002 25% of ERS investment portfolio be invested in property in Hawaii, are Hawaii companies and businesses that pay Hawaii taxes, employ Hawaii residents, or are entities in which not less than 50% ownership interest is held by Hawaii residents.

 1-28-99        H Introduced and passed First Reading                      
 2- 1-99        H Referred to the committees on 1. LAB 2. FIN ,
                  referral sheet 7
 1-19-00        H Carried over to 2000 Regular Session.