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HB 24-1169

signed

Repeal Divest from Companies with Israel Prohibitions Law

Plain-English Summary

AI-generated

House Bill 24-1169 is a Colorado law that撤销了2016年通过的一项法案,该法案要求公共雇员退休协会(PERA)从其投资组合中撤出与以色列有经济限制的公司的股份,并禁止购买这些公司的新股票。这项新法律影响到PERA及其成员的投资选择,现在已经由州长签署成为法律,这意味着PERA不再需要遵守之前的禁令,可以自由地继续或开始投资那些之前被禁止的公司。

Official Summary

In 2016, the general assembly enacted HB 16-1284, which requires the public employees' retirement association (PERA) to periodically identify all companies that have economic prohibitions against Israel and to divest all direct holdings of those companies from its assets and prohibits PERA from acquiring new direct holdings in any of those companies. The bill repeals the statutory provisions enacted in HB 16-1284.(Note: This summary applies to this bill as introduced.)

Details

Chamber
House
First action
2024-02-26
Latest action
2024-01-31
Last action desc.
Introduced In House - Assigned to Finance
OpenStates
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