Requires fiduciaries of public retirement systems to make investment decisions based solely on financial factors. (6/30/25)
2025 Regular Session
To provide that financial factors do not include factors related to furthering environmental, social, political, or ideological goals, objectives, or outcomes
"ESG commitment" includes a commitment to further, through shareholder votes, any of the following for nonfinancial purposes: [...] (iv) Access to abortion or sex or gender change or transgender surgery.
History
| Date | Action |
|---|---|
| 2025-02-28 | Prefiled and under the rules provisionally referred to the Committee on Retirement. |