Senate
File
507
H-1090
Amend
Senate
File
507,
as
passed
by
the
Senate,
as
follows:
1
1.
By
striking
everything
after
the
enacting
clause
and
2
inserting:
3
<
Section
1.
NEW
SECTION
.
12K.1
Definitions.
4
As
used
in
this
chapter,
unless
the
context
otherwise
5
requires,
“public
fund”
means
the
treasurer
of
state,
the
state
6
board
of
regents,
the
public
safety
peace
officers’
retirement
7
system
created
in
chapter
97A,
the
Iowa
public
employees’
8
retirement
system
created
in
chapter
97B,
the
statewide
fire
9
and
police
retirement
system
created
in
chapter
411,
or
the
10
judicial
retirement
system
created
in
chapter
602.
11
Sec.
2.
NEW
SECTION
.
12K.2
Investment
policy.
12
Notwithstanding
any
provision
of
chapters
12F,
12H,
or
13
12J
to
the
contrary,
it
is
the
policy
of
this
state
that
14
public
funds
invest
moneys
free
from
constraints
imposed
by
15
the
general
assembly
and
consistent
with
the
requirements
of
16
section
12B.10,
subsection
2,
in
order
to
maximize
returns
for
17
the
exclusive
benefit
of
members
of
the
public
fund.
>
18
2.
Title
page,
by
striking
lines
1
through
3
and
inserting
19
<
An
Act
concerning
investment
policy
for
public
funds.
>
20
______________________________
NIELSEN
of
Johnson
-1-
SF
507.1028
(1)
90
ec/rn
1/
1
#1.
#2.