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Georgia General Assembly > Legislation
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2007-2008 Regular Session - SB 451
Protecting Georgia's Investment Act; require boards administering public retirement funds identify all companies doing investments in Iran
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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.
Status History
Jul/01/2008 - Effective Date
May/14/2008 - Act 761
May/14/2008 - Senate Date Signed by Governor
Apr/21/2008 - Senate Sent to Governor
Apr/04/2008 - Senate Agreed House Amend or Sub
Apr/02/2008 - House Passed/Adopted By Substitute
Apr/02/2008 - House Third Readers
Mar/28/2008 - House Committee Favorably Reported By Substitute
Mar/18/2008 - House Second Readers
Mar/12/2008 - House First Readers
Mar/11/2008 - Senate Passed/Adopted As Amended
Mar/11/2008 - Senate Third Read
Mar/06/2008 - Senate Read Second Time
Mar/05/2008 - Senate Committee Favorably Reported As Amended
Feb/13/2008 - Senate Read and Referred
Feb/12/2008 - Senate Hopper
3/11/2008 Engrossed upon third reading in Senate; 4/2/2008 Structured Rule
Apr/04/2008 - Senate Vote #970Yea(46)Nay(3)NV(6)
Apr/02/2008 - House Vote #959Yea(168)Nay(0)NV(6)
Mar/11/2008 - Senate Vote #704Yea(45)Nay(6)NV(2)
Past Versions