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SB 520 (2024)

Require public retirement systems to act only based on financial interest

Summary:

Requires state and local public retirement systems to only act in the financial interest of the participants and beneficiaries. This prohibits various actions, such as divesting from a company for failing to meet environmental standards.

Bill Sponsor:
William "Bill" Gannon
Republican party logo
Bill Became Law?:
No
Status:
SENATE
Status Detail:
Killed in the Senate
Public Hearing Date:
01/31/2024 09:00 am
Public Hearing Location:
SH Room 103
Senate Voting Date:
02/21/2024
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