Retirement System; divest itself of investments in companies investing in Iran's petroleum sector. (HB2457)

Introduced By

Del. John O'Bannon (R-Richmond) with support from 24 copatrons, whose average partisan position is:

Those copatrons are Del. Ward Armstrong (D-Martinsville), Del. Chuck Caputo (D-Oak Hill), Del. Al Eisenberg (D-Arlington), Del. David Englin (D-Alexandria), Del. Jeff Frederick (R-Woodbridge), Del. Todd Gilbert (R-Woodstock), Del. Frank Hargrove (R-Glen Allen), Del. Algie Howell (D-Norfolk), Del. Tim Hugo (R-Centreville), Del. Bob Hull (D-Falls Church), Del. Bill Janis (R-Glen Allen), Del. Bob Marshall (R-Manassas), Del. Ken Melvin (D-Portsmouth), Del. Dave Nutter (R-Christiansburg), Del. Ken Plum (D-Reston), Del. Chris Saxman (R-Staunton), Del. Steve Shannon (D-Vienna), Del. Mark Sickles (D-Alexandria), Del. Jeion Ward (D-Hampton), Sen. Bill Carrico (R-Grayson), Sen. Adam Ebbin (D-Alexandria), Sen. Jennifer McClellan (D-Richmond), Sen. Joe Morrissey (D-Richmond), Sen. Lionell Spruill (D-Chesapeake)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Retirement System; investments related to Iran. Requires the Virginia Retirement System, under certain circumstances, to divest itself of investments in companies investing substantial amounts in Iran's petroleum sector, which significantly enhances Iran's ability to develop its petroleum resources. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/14/2009Committee
01/14/2009Prefiled and ordered printed with emergency clause; offered 01/14/09 091127500
01/14/2009Referred to Committee on Appropriations
01/20/2009Assigned App. sub: Compensation and Retirement (Hogan, Clarke N.)
01/23/2009Impact statement from VRS (HB2457)
02/10/2009Left in Appropriations

Duplicate Bills

The following bills are identical to this one: SB1545.