Requiring the Treasurer to consult with governmental entities prior to proposing certain regulations; requiring the Treasurer to adopt regulations, on or before December 1, 2024, that specify asset classes in which the Treasurer may invest; requiring the Treasurer to notify governing bodies of certain governmental entities about certain updates to certain investment standards; authorizing the Treasurer to retain investments made prior to the effective date of the Act until the investments have reached their respective maturity dates; etc.