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State Treasurer's task force votes to send recommendations to legislature, with edits and caveats
Summary
The Utah State Treasurer's Asset & Investment Task Force voted unanimously to submit a package of recommendations to the legislature, with staff asked to incorporate edits and note where members disagreed. Members also set deadlines for final edits and directed staff to clarify language around independent evaluation and scope.
The Utah State Treasurer's Asset & Investment Task Force voted to approve and forward a package of recommendations to the legislature, noting that not all members agreed with every finding in the report. Chair Marlo Oakes opened the meeting and led the group through the report; after discussion the motion to accept the recommendations as a group was made by a member and seconded, and passed by voice vote with no abstentions.
Members asked staff to incorporate discussed edits and to add language making clear that "the task force has voted on the below recommendations, although not all task force members agree with everything in the report," so the legislative packet would reflect dissent where it existed. The group set internal deadlines for edits: an interim iteration due by noon the next day and a final iteration by 10 a.m. Friday before submission.
