Repeals the annual reporting requirement for investment business recipients for firefighter relief associations.
The bill repeals the requirement for the chief administrative officer of a firefighter relief association pension plan and the executive director of the State Board of Investment to annually disclose recipients of investment business and commissions. The repeal eliminates the need for these officials to prepare and file a written disclosure document within 60 days after the fiscal year's end, and also removes the requirement for the document to be available for public inspection.
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