HB 4083 - Prohibits the State Treasurer From Investing Funding in Companies that Deal in Thermal Coal - Oregon Key Vote

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Title: Prohibits the State Treasurer From Investing Funding in Companies that Deal in Thermal Coal

See How Your Politicians Voted

Title: Prohibits the State Treasurer From Investing Funding in Companies that Deal in Thermal Coal

Vote Smart's Synopsis:

Vote to concur with senate amendments and pass a bill that prohibits the state Treasurer from investing funding in companies that deal in thermal coal in the state of Oregon.

Highlights:

  • Defines terms related to energy (Sec. 1). 

  • Prohibits the Oregon Investment Council and the State Treasurer from investing state funds in any thermal coal company (Sec. 2). 

  • Specifies that the Oregon Investment council and the state treasurer shall investigate companies in order to determine if any of them are thermal coal companies (Sec. 2). 

  • Requires divestment and reinvestment of moneys in subject investment funds without monetary loss (Sec. 2). 

  • Requires the state treasurer to report to the legislative assembly about the divestment of funds from thermal coal companies (Sec. 4). 

See How Your Politicians Voted

Title: Prohibits the State Treasurer From Investing Funding in Companies that Deal in Thermal Coal

Vote Smart's Synopsis:

Vote to amend and pass a bill that prohibits the state Treasurer from investing funding in companies that deal in thermal coal in the state of Oregon.

Highlights:

  • Defines terms related to energy (Sec. 1). 

  • Prohibits the Oregon Investment Council and the State Treasurer from investing state funds in any thermal coal company (Sec. 2). 

  • Specifies that the Oregon Investment council and the state treasurer shall investigate companies in order to determine if any of them are thermal coal companies (Sec. 2). 

  • Requires divestment and reinvestment of moneys in subject investment funds without monetary loss (Sec. 2). 

  • Requires the state treasurer to report to the legislative assembly about the divestment of funds from thermal coal companies (Sec. 4). 

Title: Prohibits the State Treasurer From Investing Funding in Companies that Deal in Thermal Coal

Title: Prohibits the State Treasurer From Investing Funding in Companies that Deal in Thermal Coal

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