Did not become law. It stopped in the Senate's Finance and Revenue Committee on June 27, 2025. The 2025 session has ended.
2025 Regular Session
Senate Bill 681
Prohibits the State Treasurer from renewing investments in or making new investments in a private market fund if the managers of the fund have stated an intention to invest in fossil fuels, subject to fiduciary duties.
What it does
The synopsis the Legislative Assembly published with the bill.
Digest: The Act says that for five years, the State Treasurer can't invest in private funds that deal heavily in fossil fuels. (Flesch Readability Score: 72.7). Prohibits the State Treasurer from renewing investments in or making new investments in a private market fund if the managers of the fund have stated an intention to invest in fossil fuels, subject to fiduciary duties. Sunsets on January 2, 2031.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
4 co-sponsors
Lew Frederick, Khanh Pham, Kathleen Taylor, James Manning Jr.
In the House of Representatives
5 co-sponsors
Lisa Fragala, Mark Gamba, Zach Hudson, Travis Nelson, Rob Nosse
Its course
January 13 to June 27, 2025, 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 SenateJan 13 to Jun 27 · stopped165 days
Waiting for a committeeJan 13 to Jan 174 days
Finance and RevenueJan 17 to Jun 27 · stopped161 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 Jan 13 – Jun 27
- Jan 13Introduced
- Jan 17Sent to Finance and Revenue
- Mar 19Heard in Finance and Revenue
- Jun 27Died when the session ended
All 4 actions, as published
- Jan 13Introduction and first reading. Referred to President's desk.Senate
- Jan 17Referred to Finance and Revenue.Senate
- Mar 19Public Hearing held.Senate
- Jun 27In committee upon adjournment.Senate