Introduced by Rep. John Walsh (R) on February 21, 2012
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. Official Text and Analysis.
Referred to the House Appropriations Committee on February 21, 2012