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SB 0171 - Retirement; provide for initial and continuing identification of companies that do business with Sudan; provide exception; definitions

Tracking Level: Monitor
Sponsor: Adelman,David 42nd
Last Action: 2/18/2009 - Senate Read and Referred
Senate Committee: RET
Assigned To:
RetirementNext Bill

Staff Analysis of the Legislation

SUMMARY:

            This bill would amend Article 7 of Chapter 20 of Title 47 of the O.C.G.A. to provide for the initial and continuing identification of companies that do business with Sudan, to require divestment of ownership interests help by public retirement funds in those companies, and to prohibit investment in such companies.  One exception is companies that provide humanitarian aid as their primary purpose.


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text