HB 1431 (2007) -  Economic Sanctions related to Sudan

by Schwartz (CO-SPONSORS) Porth
Requires State Board of Administration to identify companies doing certain types of business in or with Sudan in which public moneys are invested; requires board to create & maintain list of such companies & contact & encourage businesses to refrain from such activity; provides company name removal & reintroduction on list; requires board to divest itself of publicly traded securities & refrain from acquiring securities of such companies under certain conditions; requires board to encourage investment managers to remove such companies from fund under board or create separate fund; provides divestment & investment exceptions; requires board to file reports, including reinvestment reports, with Governor, Legislature, & Attorney General; requires public access to reports; provides expiration of act; exempts board from certain statutory or common law obligations; requires AG to enforce provisions of act.
Effective Date: upon becoming a law.
Last Event: Laid on Table under Rule 7.19, refer to CS for HB 703 (Laid on Table in House); L/I/S/C passed, refer to CS/SB 2142 (Ch. 2007-88) on Sunday, April 22, 2007 2:44 PM

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Vote History

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Bill History

Event Time Member Committee Ver.
Event: H Laid on Table under Rule 7.19, refer to CS for HB 703 (Laid on Table in House); L/I/S/C passed, refer to CS/SB 2142 (Ch. 2007-88) Time: 04/22/2007 - 2:44 PM Member: Committee: Version: __
Event: H Reported out of Government Efficiency & Accountability Council Time: 04/22/2007 - 2:19 PM Member: Committee: Government Efficiency & Accountability Council Version: __
Event: H Added to Government Efficiency & Accountability Council agenda Time: 04/20/2007 - 5:30 PM Member: Committee: Government Efficiency & Accountability Council Version: __
Event: H Favorable with CS by Government Efficiency & Accountability Council (Amended) Time: 04/18/2007 - 11:30 AM Member: Committee: Government Efficiency & Accountability Council Version: __
Event: H Now in Government Efficiency & Accountability Council Time: 03/11/2007 - 2:01 PM Member: Committee: Government Efficiency & Accountability Council Version: __
Event: H Referred to Policy & Budget Council Time: 03/11/2007 - 2:01 PM Member: Committee: Policy & Budget Council Version: __
Event: H Referred to Government Efficiency & Accountability Council Time: 03/11/2007 - 2:01 PM Member: Committee: Government Efficiency & Accountability Council Version: __
Event: H 1st Reading Time: 03/06/2007 - 11:59 PM Member: Committee: Version: __
Event: H Filed Time: 03/05/2007 - 8:53 AM Member: Schwartz Committee: Version: __