Legislation

Requiring the Board of Trustees for the State Retirement and Pension System to review investment holdings in certain eligible accounts to determine the extent to which funds are invested in Russia-restricted investments; requiring the Board of Trustees to take certain divestment actions; prohibiting the Board of Trustees from making certain new investments; providing certain immunities from liability for certain persons; requiring the Board of Trustees to act in good faith in taking certain actions in a certain manner; etc.

Committees

Original:: Budget and Taxation

Opposite:: Appropriations Click to view Recorded Media

Committee Testimony

Witness List

Details

Emergency Bill

Cross-filed with: HB1482

Bill File Type: Regular

Effective Date(s): Upon Enactment

History

Legislation History
Chamber Senate Calendar Date 2/25/2022 Legislative Date 2/25/2022 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State Retirement and Pension System - Divestment From Russia Proceedings
Chamber Senate Calendar Date 3/09/2022 Legislative Date 3/10/2022 Action Rereferred to Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/10/2022 Legislative Date 3/10/2022 Action Hearing 3/11 at 10:45 a.m. Proceedings
Chamber Senate Calendar Date 3/10/2022 Legislative Date 3/10/2022 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 3/10/2022 Legislative Date 3/10/2022 Action Hearing 3/11 at 12:45 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2022 Legislative Date 3/14/2022 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/15/2022 Legislative Date 3/03/2022 Action Favorable Adopted Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2022 Legislative Date 3/03/2022 Action Floor Amendment {233626/1 (Senator Zucker) Adopted Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2022 Legislative Date 3/03/2022 Action Second Reading Passed with Amendments Proceedings 43 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - State Retirement and Pension System - Divestment From Russia Proceedings
Chamber Senate Calendar Date 3/17/2022 Legislative Date 3/05/2022 Action Third Reading Passed (46-0) Proceedings 45AClick to view Recorded Media
Chamber House Calendar Date 3/18/2022 Legislative Date 3/11/2022 Action Referred Appropriations Proceedings 32 Click to view Recorded Media
Chamber House Calendar Date 3/20/2022 Legislative Date 3/20/2022 Action Hearing 3/22 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/22/2022 Legislative Date 3/22/2022 Action Hearing canceled Proceedings
Chamber House Calendar Date 3/22/2022 Legislative Date 3/22/2022 Action Hearing 3/22 at 1:40 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Appropriations Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/05/2022 Legislative Date 4/05/2022 Action Favorable Report by Appropriations Proceedings
Chamber House Calendar Date 4/05/2022 Legislative Date 3/27/2022 Action Favorable Adopted Second Reading Passed Proceedings 48AClick to view Recorded Media
Chamber House Calendar Date 4/06/2022 Legislative Date 3/28/2022 Action Third Reading Passed (133-0) Proceedings 49 Click to view Recorded Media
Chamber Senate Calendar Date 4/07/2022 Legislative Date 3/26/2022 Action Returned Passed Proceedings 66 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/12/2022 Legislative Date 5/12/2022 Action Approved by the Governor - Chapter 343 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - State Retirement and Pension System - Divestment From Russia Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/25/2022	2/25/2022	First Reading Senate Rules
			Text - First - State Retirement and Pension System - Divestment From Russia
Senate	3/09/2022	3/10/2022	Rereferred to Budget and Taxation
Senate	3/10/2022	3/10/2022	Hearing 3/11 at 10:45 a.m.
Senate	3/10/2022	3/10/2022	Hearing canceled
Senate	3/10/2022	3/10/2022	Hearing 3/11 at 12:45 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/14/2022	3/14/2022	Favorable Report by Budget and Taxation
Senate	3/15/2022	3/03/2022	Favorable Adopted	43 Click to view Recorded Media
Senate	3/15/2022	3/03/2022	Floor Amendment {233626/1 (Senator Zucker) Adopted	43 Click to view Recorded Media
Senate	3/15/2022	3/03/2022	Second Reading Passed with Amendments	43 Click to view Recorded Media
			Text - Third - State Retirement and Pension System - Divestment From Russia
Senate	3/17/2022	3/05/2022	Third Reading Passed (46-0)	45AClick to view Recorded Media
House	3/18/2022	3/11/2022	Referred Appropriations	32 Click to view Recorded Media
House	3/20/2022	3/20/2022	Hearing 3/22 at 1:00 p.m.
House	3/22/2022	3/22/2022	Hearing canceled
House	3/22/2022	3/22/2022	Hearing 3/22 at 1:40 p.m.
			Vote - House - Committee - Appropriations	Click to view Recorded Media
House	4/05/2022	4/05/2022	Favorable Report by Appropriations
House	4/05/2022	3/27/2022	Favorable Adopted Second Reading Passed	48AClick to view Recorded Media
House	4/06/2022	3/28/2022	Third Reading Passed (133-0)	49 Click to view Recorded Media
Senate	4/07/2022	3/26/2022	Returned Passed	66 Click to view Recorded Media
Post Passage	5/12/2022	5/12/2022	Approved by the Governor - Chapter 343
			Text - Chapter - State Retirement and Pension System - Divestment From Russia

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Statutes