l9n/ Oregon

2017 Regular Session

Senate Bill 1005

Directs Oregon Investment Council and State Treasurer to try to ensure that moneys in Public Employees Retirement Fund are not invested in companies that operate private prisons or corporations that own more than one million shares in companies that operate private prisons.

Did not become law. It stopped in the Senate's Judiciary Committee on July 7, 2017. The 2017 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 that operate private prisons or corporations that own more than one million shares in companies that operate private prisons. Directs State Treasurer to adopt engagement policy with private investment fund managers and to encourage managers to end investments with companies that operate private prisons or corporations that own more than one million shares in companies that operate private prisons. Requires notices to fund managers, companies and Oregon Investment Council. Specifies contents of notices. Applies subject to specified fiduciary standards. Declares emergency, effective on passage.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

1 co-sponsor

James Manning Jr.

Its course

March 2 to July 7, 2017, 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 action4 actions on 4 days

In the SenateMar 2 to Jul 7 · stopped127 days

Waiting for a committeeMar 2 to Mar 31 day

JudiciaryMar 3 to Jul 7 · stopped126 days

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 Mar 2 – Jul 7

  1. Introduced
  2. Sent to Judiciary
  3. Heard in Judiciary
  4. Died when the session ended
All 4 actions, as published