Virginia Retirement System; prohibited from investing in companies with business operations in Iran. (SB462)
Introduced By
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Investments by the Virginia Retirement System. Prohibits the Virginia Retirement System (VRS) from investing in companies with current substantial business operations in Iran and requires VRS to divest itself of any current holdings in such companies by January 1, 2017, and within six months of identifying any such company. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/12/2016 | Prefiled and ordered printed; offered 01/13/16 16101533D |
| 01/12/2016 | Referred to Committee on Finance |
| 01/27/2016 | Impact statement from VRS (SB462) |
| 02/10/2016 | Committee substitute printed to Web only 16104991D-S1 |
| 02/10/2016 | Passed by indefinitely in Finance (13-Y 1-N) (see vote tally) |