Committee weighs Senate File 191 to codify proxy-voting limits and reporting for state investments; discussion continued
Committee members and witnesses debated a bill to codify proxy-voting rules and reporting for state investments, including a provision limiting proxy-voting administrative costs to one basis point; discussion was continued and no committee vote was taken.
The full story
Senate File 191, a bill that would codify the state treasurer’s proxy-voting policy and permit a limited expenditure for proxy-voting services, drew extended discussion but no committee vote; members agreed to continue the conversation at the next meeting.
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