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House adopts amendments to HB 80 aimed at narrowing fiduciary language on state investments

2139919 · January 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Members amended HB 80 ("Stop ESG, state funds judiciary duty act") to narrow language about fiduciary duties and to require contract clauses for investment managers; two amendments were adopted after debate.

House Bill 80, sponsored by Representative Knapp and described in debate as aimed at investment policies for state funds, drew committee and floor amendments focused on narrowing the bill's reach. Representative Lawley moved an amendment (second‑reading…

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