Trans Legislation Tracker

LA SB5

OTHERINTRODUCED

Requires fiduciaries for public retirement systems to make investment decisions based solely on financial factors. (8/1/24)

Selected quotes

A fiduciary may reasonably be determined to have taken an action, or considered a factor, with a purpose to further social, political, or ideological interests based upon evidence indicating such a purpose, including but not limited to any fiduciary commitment to further, through portfolio company engagement, board or shareholder votes, or otherwise as a fiduciary, any of the following beyond what controlling federal or state law requires: [...] Access to abortion, sex or gender change or transgender surgery.

Legislative Session

inactive

2024 Regular Session

Links

Read bill text

Calendar

datetimetypelocationdescription
2024-02-2610:00HearingRoom 6House Committee on Criminal Justice
2024-02-2109:00HearingRoom A-BSenate Committee on Finance
2024-02-2009:00HearingRoom A-BSenate Committee on Judiciary C

History

DateAction
2024-01-25Prefiled and under the rules provisionally referred to the Committee on Retirement.