SB312 — 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.

SB312 — 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 CitizenrySB 312 amends the Government Code to regulate the fiduciary responsibilities of public retirement systems, their investment managers, and proxy advisors in Texas. The bill defines 'financial factor…Open in Informed Citizenry