Retirement System; divest itself of investments in companies investing in Iran's petroleum sector. (SB1545)

Introduced By

Sen. Harry Blevins (R-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
01/27/2009Unanimous consent to introduce
01/27/2009Presented and ordered printed 092882204
01/27/2009Referred to Committee on Finance
01/28/2009Impact statement from VRS (SB1545)
02/05/2009Left in Finance (16-Y 0-N) (see vote tally)

Duplicate Bills

The following bills are identical to this one: HB2457.