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SF0038
Performance compensation-investment performance amendment.
Year
2025
Status
✓ Signed Into Law
Sponsor
Appropriations
Committee
Appropriations
Joint
Introduced
Jan 17, 2025
1 years ago
Last Action
Assigned Chapter Number 148
Signed
Mar 17, 2025
Effective: Jul 1, 2025
Bill Synopsis
Changes how investment bonuses are calculated for state money managers, switching to a formula that better reflects real market gains. Takes effect July 2025.
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Committee
Appropriations
Type: Joint
Committee Members
John Bear
Chairman
Floor Vote: Aye
Republican - H31
Tim Salazar
Chairman
Floor Vote: Aye
Republican - S26
Bill Allemand
Member
Floor Vote: Aye
Republican - H58
Abby Angelos
Member
Floor Vote: Aye
Republican - H03
Ogden Driskill
Member
Floor Vote: Aye
Republican - S01
Tim French
Member
Floor Vote: Aye
Republican - S18
Mike Gierau
Member
Floor Vote: Aye
Democrat - S17
Jeremy Haroldson
Member
Floor Vote: Aye
Republican - H04
Dan Laursen
Member
Floor Vote: Aye
Republican - S19
Ken Pendergraft
Member
Floor Vote: Aye
Republican - H29
Trey Sherwood
Member
Floor Vote: Aye
Democrat - H14
Darin Smith
Member
Floor Vote: Aye
Republican - S06
Scott Smith
Member
Republican - H05
Documents & Resources
View Full Bill Text (PDF)
Official bill document
Last Action
Assigned Chapter Number 148
Enrolled Act No.
Act #79
Chapter: 0148
Signed: 3/17/2025
Effective: 7/1/2025