SB 1282 SD 2 HD 2

RELATING TO INVESTMENTS OF THE EMPLOYEES' RETIREMENT SYSTEM

By Senator(s) MIZUGUCHI (BR)

Companion Bill: HB 1036

Subjects: Governor

Keywords: PENSION AND RETIREMENT SYSTEM, PUBLIC EMPLOYEES, REAL PROPERTY, VENTURE CAPITAL

Report Title: Employees' Retirement System

Description: Allows the board of trustees of the employees' retirement system to invest in real estate through limited liability companies and similar entities. (SB1282 HD2)

 1-26-99        S Introduced and passed First Reading                      
 1-28-99        S Referred to 1. CPN 2. WAM                                
 1-29-99        S Bill scheduled to be heard by CPN on 02-03-99 at
                  9:00 a.m. in conference room 016
 2- 3-99        S The committee on CPN recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2- 3-99        S The votes in CPN were as follows: 5 Ayes: Senator(s)        
                  Kanno, Taniguchi, Bunda, Inouye, Slom; Ayes with
                  reservations: Senator(s) ; none Noes: Senator(s) ;
                  and 3 Excused: Senator(s) Hanabusa, Ihara, Matsuura
 2-19-99        S Reported from CPN (Stand. Com. Rep. No. 229) with
                  recommendation of passage on Second Reading, as
                  amended (SD 1) and referral to WAM
 2-19-99        S Report adopted; Passed Second Reading, as amended
                  (SD 1) and referred to WAM.
 2-28-99        S Notice of public decision making by WAM on 03-02-99         
                  at 9:00 a.m. in conference room 211.
 3- 2-99        S The committee on WAM recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 3- 2-99        S The votes in WAM were as follows: 9 Ayes: Senator(s)        
                  Fukunaga, Levin, Chun, Chun Oakland, D. Ige, Iwase,         
                  Tam, Taniguchi; Ayes with reservations: Senator(s)
                  Anderson; none Noes: Senator(s) ; and 4 Excused:
                  Senator(s) Buen, M. Ige, Kawamoto, Nakata
 3- 5-99        S Reported from WAM (Stand. Com. Rep. No. 594) with
                  recommendation of passage on Third Reading, as
                  amended (SD 2)
 3- 5-99        S 48 hours notice 03-09-99                                 
 3- 9-99        S Report adopted; Passed Third Reading, as amended (SD        
                  2). Ayes, 25.  Noes, none ().  Excused, none ().
 3- 9-99        S Transmitted to House                                     
 3- 9-99        H Received from Senate (Sen. Com. No. 311)                 
 3-11-99        H Introduced and passed First Reading                      
 3-11-99        H Referred to the committees on 1. LAB 2. FIN ,
                  referral sheet 26
 3-12-99        H Bill scheduled to be heard by LAB on Tuesday,
                  03-16-99 at 8:30 A.M. in House conference room 309.
 3-16-99        H The committee(s) recommends that the measure be
                  deferred.
 3-22-99        H Bill scheduled for decision making on Tuesday,
                  03-23-99 at 9:00 A.M. in House conference room 309.
 3-23-99        H The committee on LAB recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 3-23-99        H The votes in LAB were as follows:7 Ayes: Rep.(s)
                  Yoshinaga, Catalani, Hamakawa, Nakasone, Takai,
                  Moses, Rath; Ayes with reservations: Rep.(s) ; none         
                  Noes: Rep.(s) ; and 3 Excused: Rep.(s) Goodenow,
                  Hiraki, Okamura
 3-25-99        H Reported from the committee on LAB (Stand. Com. Rep.        
                  No. 1315) as amended in (HD 1), recommending passage        
                  on Second Reading and referral to the committee on
                  FIN
 3-25-99        H Passed Second Reading as amended in (HD 1) and
                  referred to the committee on FIN with
                  Representative(s) none voting no and
                  Representative(s) Takamine excused.
 4- 1-99        H Bill scheduled to be heard by FIN on Monday,
                  04-05-99 at 2:00 P.M. in House conference room 308.
 4- 5-99        H The committee on FIN recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 4- 5-99        H The votes in FIN were as follows:15 Ayes: Rep.(s)
                  Takamine, Kawakami, Ahu Isa, Catalani, Kahikina,
                  Kanoho, Luke, Nakasone, Saiki, Schatz, Suzuki,
                  Yamane, Fox, Marumoto, Meyer; Ayes with
                  reservations: Rep.(s) ; none Noes: Rep.(s) ; and 2
                  Excused: Rep.(s) Goodenow, Moses
 4- 9-99        H Reported from the committee on FIN (Stand. Com. Rep.        
                  No. 1721) as amended in (HD 2), recommending passage        
                  on Third Reading
 4- 9-99        H Forty-eight (48) hours notice 04-13-99                   
 4-13-99        H Passed Third Reading as amended in (HD 2)                
 4-13-99        H The vote was as follows:  49 aye(s), with none
                  voting no and Representative(s) Ahu Isa, Okamura
                  excused
 4-13-99        H Transmitted to Senate                                    
 4-15-99        S Received from House (Hse. Com. No. 583)                  
 4-15-99        S Senate disagrees with House amendments.                  
 4-15-99        H Received notice of disagreement (Sen. Com. No. 742)      
 4-17-99        H House conferees appointed: Yoshinaga,
                  Suzuki(Co-)Chairman; Nakasone, Okamura, Marumoto
 4-19-99        S Received notice of appointment of House conferees
                  (Hse. Com. No. 619)
 4-19-99        S Senate Conferees appointed: Kanno, Taniguchi,
                  Fukunaga, (Co-)Chair; Slom
 4-19-99        H Received notice of Senate conferees (Sen. Com. No.
                  744)
 4-26-99        H Bill scheduled for Conference Committee Meeting on
                  Tuesday, 04-27-99 at 10:00 A.M. in  conference room         
                  016.
 4-26-99        H Bill scheduled for Conference Committee Meeting on
                  Tuesday, 04-27-99 at 3:00 P.M. in  conference room
                  016.
 4-29-99        S Reconsideration of action taken on 04-15-99; agree
                  to House amendments
 4-29-99        S Deferred until 05-04-99                                  
 5- 4-99        S Passed Final Reading. Ayes, 25.  Noes, none (). 
                  Excused, none ().
 5- 5-99        H Received notice of Final Reading (Sen. Com. No. 792)     
 5- 5-99        H Received notice of reconsideration and Senate
                  agreement (Sen. Com. No. 793)
 5- 7-99        S Enrolled to Governor                                     
 7- 1-99        S Act 168, 06-29-99, (Gov. Msg. No. 387)                   
 7- 1-99        H Act 168, on 06-29-99 (Gov. Msg. No. 253)