SB 451 - Protecting Georgia's Investment Act; require boards administering public retirement funds identify all companies doing investments in Iran

Current Version

PDF Version

Committees

SC:RET
HC:Ret

Current Status

05/14/08 - Senate Date Signed by Governor

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, relating to the Public Retirement Systems Investment Authority Law, so as to provide a short title; to provide an additional exception from the divestment requirement and the investment prohibition to certain indirect holdings in actively managed investment funds; to require such boards to request that the managers of such investment funds consider removing scrutinized companies from the fund or creating a similar fund that excludes such companies; to require certain reports; to provide for termination of such prohibitions and divestments; to provide for certain notices; to provide for related matters; to repeal conflicting laws; and for other purposes.

Votes

Electronically Recorded Votes
Date	Time	Vote No	Yeas	Nays	NV	Exc	Description
03/11/2008	12:12PM	Senate Vote #704	045	006	002	003	PASSAGE AS AMENDED
04/02/2008	12:19PM	House Vote #959	168	000	006	006	PASS
04/04/2008	2:48PM	Senate Vote #970	046	003	006	001	AGREE TO HOUSE SUBSTITUTE

Status History

Bill History
Date	Action
02/13/2008	Senate Read and Referred
03/05/2008	Senate Committee Favorably Reported
03/06/2008	Senate Read Second Time
03/11/2008	Senate Third Read
03/11/2008	Senate Passed/Adopted
03/12/2008	House First Readers
03/18/2008	House Second Readers
03/28/2008	House Committee Favorably Reported
04/02/2008	House Third Readers
04/02/2008	House Passed/Adopted
04/04/2008	Senate Agrees House Amend or Sub
04/21/2008	Senate Sent to Governor
05/14/2008	Senate Date Signed by Governor
05/14/2008	Act 761
07/01/2008	Effective Date

Footnotes

3/11/2008 Engrossed upon third reading in Senate
4/2/2008 Structured Rule