Senate Veterans and Military Affairs Hearing
Room 320 at 10:30:00
Under existing law, the Board of Control of the Retirement Systems of Alabama is authorized to act as trustee of several funds and is granted full power to invest and reinvest funds.
This bill would enforce the prohibition placed on investment activities by certain Presidential Executive Orders addressing an identified national emergency regarding the threat from securities investments that finance Communist Chinese military companies.
This bill would prohibit the purchase or sale of any publicly traded securities to or from certain entities affiliated with Communist Chinese military companies or any publicly traded securities that are derivative of such securities or are designed to provide investment exposure to such securities.
The bills would also provide for certain definitions.
Currently Indefinitely Postponed
Read for the Second Time and placed on the Calendar
Reported Out of Committee House of Origin
Veterans and Military Affairs 1st Amendment B2F5JJQ-1
Pending Senate Veterans, Military Affairs and Public Safety
Read for the first time and referred to the Senate Committee on Veterans and Military Affairs
Room 320 at 10:30:00
Source: Alabama Legislature