James Rosapepe voted Yea (Passage With Amendment) on this Legislation.
Title: Requires Retirement and Pension System to Divest from Russia
Signed by Governor Larry Hogan, Jr.
Title: Requires Retirement and Pension System to Divest from Russia
Title: Requires Retirement and Pension System to Divest from Russia
Vote to amend and pass a bill that requires the Retirement and Pension System to divest from Russia.
Specifies “divestment action” to mean selling, redeeming, transferring, and exchanging (Page 2).
Specifies “investment” to mean funds or assets to a company (Page 2).
Specifies “Russia” to be only the federal government and political institutions (Page 2).
Specifies “Russia-restricted investment” to include companies identified as located within Russia (Page 2).
Authorizes the Board of Trustees to review all acounts for investment in Russia-restricted investment (Page 3).
Prohibits making new investments in any Russia-restricted investment (Page 3).
Requires the Board of Trustees to exclude companies excluded by the U.S. federal government (Page 3).
Title: Requires Retirement and Pension System to Divest from Russia