Public Investments; to prohibit Board of Control of ERSA and TRSA from investing with restricted entities affiliated with Communist Chinese military companies
SB 69 prohibits the Board of Control for the Employees' Retirement System of Alabama (ERSA) and the Teachers' Retirement System of Alabama (TRSA) from investing public funds with certain entities. Specifically, it disallows investments with "restricted entities affiliated with Communist Chinese military companies." The bill requires these boards to create a list of such restricted entities by January 1, 2026, to guide future investment decisions.
Bill status
died
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2025
Last action May 6, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
2
Committee
2
Amendments
1
Feb 12, 2025
Upper · Passed
Reported Out of Committee House of Origin
upper
Feb 12, 2025
Introduced
Veterans and Military Affairs 1st Amendment (Veterans, Military Affairs and Public Safety)
upper
Feb 4, 2025
Upper · Passed
Pending Committee Action in House of Origin (Veterans, Military Affairs and Public Safety)
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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