Amended by Stats. 2021, Ch. 715, Sec. 5. (AB 1390) Effective January 1, 2022.
(a)The commission shall report quarterly to the Teachers’ Retirement Board and annually to the Legislature and the Governor on all of the following:
(1)The management of school and lieu lands.
(2)Waivers, suspensions, reductions, alterations, or amendments made by the commission pursuant to Section 6916, together with the reasons therefor.
(3)Acquisitions made pursuant to Section 8705, including a summary of
downpayments and any other transaction costs.
(b)The commission shall file a report with the Legislature annually on all waivers, suspensions, reductions, alterations, or amendments made by the commission pursuant to this section, together with the reasons therefor.
(c)The reports required pursuant to this section shall be prepared in compliance with Section 9795 of the Government Code.
Cite this section
Other sections in Chapter 8 - State Teachers’ Retirement Lands Act
§ 6475§ 6477