2021
Regular Session
Foreign Company Accountability Act; create.
AN ACT TO CREATE THE "FOREIGN COMPANY ACCOUNTABILITY ACT"; TO DEFINE CERTAIN TERMS USED IN THE ACT; TO REQUIRE THE EXECUTIVE DIRECTOR OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO DEVELOP AND PUBLISH A LIST OF COMPANIES DETERMINED TO ENGAGE IN FRAUDULENT FINANCIAL ACTIVITIES; TO PROHIBIT THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE STATE TREASURER FROM INVESTING FUNDS WITH A COMPANY THAT IS IDENTIFIED ON THE LIST; TO PROVIDE THAT AN INVESTMENT MAY BE MADE IN A COMPANY ENGAGED IN SUCH ACTIVITIES IF THE INVESTOR MAKES A DETERMINATION THAT THE INVESTMENTS ARE NECESSARY IN ORDER TO PERFORM ITS FUNCTIONS; TO HOLD HARMLESS OFFICERS, EMPLOYEES AND AGENTS OF THE RETIREMENT SYSTEM AND STATE TREASURER'S OFFICE FOR CLAIMS ARISING FROM DECISIONS TO RESTRICT INVESTMENTS UNDER THIS ACT; AND FOR RELATED PURPOSES.
02/02/21 at 19:49
S
B
2848
Senate Bill 2848
SB 2848
S
Dead
General Bill/Constitutional Amendment
No
Majority
July 1, 2021
Business and Financial Institutions
T
../../Senate_cmtes/BF.xml
Accountability, Efficiency, Transparency
F
../../Senate_cmtes/AC.xml
Carter
../../Senate_authors/Carter.xml
1
01/18 (S) Referred To Business and Financial Institutions;Accountability, Efficiency, Transparency
2
02/02 (S) Died In Committee
../../../../documents/2021/pdf/SB/2800-2899/SB2848IN.pdf
../../../../documents/2021/html/SB/2800-2899/SB2848IN.htm
../../../../documents/2021/pdf/SB/2800-2899/SB2848IN.pdf
../../../../documents/2021/html/SB/2800-2899/SB2848IN.htm
N
../../../../documents/2021/pdf/fiscalnotes/SB2848.pdf