l9n/ Oregon

2013 Regular Session

Senate Bill 17

Directs Oregon Investment Council and State Treasurer to try to ensure that moneys in Public Employees Retirement Fund are not invested in companies with interest in Sudan.

Did not become law. It stopped in the Senate's Capital Construction Committee on July 8, 2013. The 2013 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Directs Oregon Investment Council and State Treasurer to try to ensure that moneys in Public Employees Retirement Fund are not invested in companies with interest in Sudan. Applies to investments for which federal law allows divestment by public pension plans. Directs State Treasurer to adopt engagement policy with private investment fund managers and to encourage managers to end investments with companies with interest in Sudan. Requires notices to fund managers, companies and Oregon Investment Council<b> about Sudan investment limitations</b>. Specifies contents of notices. <i>Applies subject to specified fiduciary standards.</i>] <i>Applies subject to appropriate funding.</i>] <b>Allows extension to Article XI-Q bonds. <b>Eliminates requirement that Oregon Investment Council approve Deferred Compensation Fund investments in mutual funds. <b>Modifies State Treasurer authority concerning security pledges for school district bonds.</b> Declares emergency, effective on passage.

Its course

January 14 to July 8, 2013, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action9 actions on 8 days

In the SenateJan 14 to Jul 8 · stopped175 days

Waiting for a committeeJan 14 to Jan 228 days

Finance and RevenueJan 22 to Apr 1987 days

Ways and MeansApr 19 to Apr 30 · moved on11 days

Capital ConstructionApr 30 to Jul 8 · stopped69 days

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Apr 19

Text

Each version as the Legislative Assembly printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

In the Senate Jan 14 – Jul 8

  1. Introduced
  2. Sent to Finance and Revenue
  3. Heard in Finance and Revenue
  4. Heard in Finance and Revenue
  5. Finance and Revenue recommended it as amended
  6. Sent to Ways and Means
  7. Sent to Capital Construction Subcommittee
  8. Heard in Capital Construction Subcommittee
  9. Died when the session ended
All 9 actions, as published