KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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HB2571 • 2025

Establishes standards for fiduciary of pension benefit plan offered by public body.

Establishes standards for fiduciary of pension benefit plan offered by public body.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Diehl,, Boice,, Reschke,, Skarlatos, Representative Harbick,, Javadi,, Levy B,, Smith G,, Wright,, Yunker,, Senator Thatcher,
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-01-17 House

    Referred to Emergency Management, General Government, and Veterans.

  3. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act makes rules for people who care for public pension benefit plans. (Flesch Readability Score: 76.5).
Establishes standards for fiduciary of pension benefit plan offered by public body. Limits factors that may be considered in investment of assets of plan.
Relating to: Relating to pension benefit plans offered by public bodies.
Current location: In House Committee