Requires fiduciaries of public retirement systems to make investment decisions based solely on financial factors. (6/30/25) (OR SEE ACTUARIAL NOTE APV)
2025 Regular Session
To provide that financial factors do not include factors related to furthering environmental, social, political, or ideological goals, objectives, or outcomes
"ESG commitment" includes a commitment to further, through shareholder votes, any of the following for nonfinancial purposes: [...] (iv) Access to abortion or sex or gender change or transgender surgery.
History
| Date | Action |
|---|---|
| 2025-04-14 | Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Retirement. |
| 2025-02-28 | Prefiled and under the rules provisionally referred to the Committee on Retirement. |