Skip to main content
Find a Lawyer

Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 301.3. Annual investment report

Current as of January 01, 2026 | Updated by Findlaw Staff

By November 30, 2008, and annually thereafter, the State Treasurer shall submit a report to the Governor and to the chair and minority chair of the Appropriations Committee of the Senate, the chair and minority chair of the Finance Committee of the Senate, the chair and minority chair of the Appropriations Committee of the House of Representatives and the chair and minority chair of the Finance Committee of the House of Representatives.  The report shall cover the period consisting of the most recently ended fiscal year.  The report shall provide for the following:

(1) An analysis of the status and performance of the current investments and transactions made over the last fiscal year.

(2) Targeted asset allocation and actual asset allocation on September 30, December 31, March 31 and June 30 of the previous fiscal year.

(3) The standards and measures of investment performance, including benchmarks for each asset class.

(4) Return for each asset class including a breakdown of the return versus the targeted benchmark calculated net of fees.

(5) A list of external managers, including whether the manager was selected through competitive bid or as a sole source selection, the principals and key staff of the manager, the date of the manager's hire, the amount of fees received by the manager in the previous fiscal year and the return on the manager's portfolio versus his targeted benchmark.

(6) Brokerage fees.

(7) Securities lending information.

(8) Proxy voting information.

(9) Information on securities litigation.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 301.3. Annual investment report - last updated January 01, 2026 | https://codes.findlaw.com/pa/title-72-ps-taxation-and-fiscal-affairs/pa-st-sect-72-301-3/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard