Requires fiduciaries for public retirement systems to make investment decisions based solely on financial factors. (8/1/24) (OR SEE ACTUARIAL NOTE APV)
Selected quotes
A fiduciary may reasonably be determined to have taken an action, or considered a factor, with a purpose to further social, political, or ideological interests based upon evidence indicating such a purpose, including but not limited to any fiduciary commitment to further, through portfolio company engagement, board or shareholder votes, or otherwise as a fiduciary, any of the following beyond what controlling federal or state law requires: [...] Access to abortion, sex or gender change or transgender surgery.
Legislative Session
2024 Regular Session
Sponsors
Calendar
| date | time | type | location | description |
|---|---|---|---|---|
| 2024-04-02 | 02:00 | Hearing | Room E | Senate Committee on Retirement |
| 2024-03-25 | 01:00 | Hearing | Room E | Senate Committee on Retirement |
| 2024-03-18 | 13:00 | Hearing | Room E | Senate Committee on Retirement |
| 2024-03-18 | 01:00 | Hearing | Room E | Senate Committee on Retirement |
| 2024-02-26 | 10:00 | Hearing | Room 6 | House Committee on Criminal Justice |
| 2024-02-21 | 09:00 | Hearing | Room A-B | Senate Committee on Finance |
| 2024-02-20 | 09:00 | Hearing | Room A-B | Senate Committee on Judiciary C |
History
| Date | Action |
|---|---|
| 2024-03-11 | Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Retirement. |
| 2024-01-25 | Prefiled and under the rules provisionally referred to the Committee on Retirement. |