SB 370 - Public Retirement Systems Investment Authority Law; provide for legislative findings; definitions

Sponsored By

• (1) Shafer,David 48th
• (2) Hill,Judson 32nd
• (3) Reed,Kasim 35th
• (4) Williams,Tommie 19th
• (5) Adelman,David 42nd
• (6) Moody,Dan 56th

Committees

• SC:RET
• HC:

Current Status

First Reader Summary

A BILL to be entitled an Act to amend Article 7 of Chapter 20 of Title 47 of the Official Code of Georgia Annotated, the "Public Retirement Systems Investment Authority Law," so as to provide for legislative findings; to provide for definitions; to provide for the initial and continuing identification of companies that do business with Sudan; to provide for the divestment of ownership interests held by public retirement and pension funds in such companies; to prohibit investments in such companies; to provide for exceptions; to provide for termination of such prohibitions and divestments; to provide for certain notices; to provide for certain reports; to provide for enforcement; to provide for related matters; to repeal conflicting laws; and for other purposes.

Status History

Versions

1. Fiscal Impact Note
2. As introduced LC 28 3869