HB4807 — Relating to the fiduciary responsibility of the governing body of the public retirement systems in this state and the investment managers and proxy advisors acting on behalf of those systems.

HB4807 — Relating to the fiduciary responsibility of the governing body of the public retirement systems in this state and the investment managers and proxy advisors acting on behalf of those systems. · Informed CitizenryThe bill amends the Government Code to define several terms related to investment management and retirement systems, including "Financial factor," "Investment manager," and "Proxy advisor." It also…Open in Informed Citizenry