Concerning divestment of funds under management by the state investment board from thermal coal.

Washington's SB 5439 requires the state investment board to fully divest all public funds from thermal coal companies by January 1, 2030. It defines "thermal coal companies" as those deriving significant revenue from coal mining, power generation, or infrastructure (e.g., 10% revenue from coal, 10,000+ tons annual production). The bill prohibits new investments in such companies immediately and allows limited exceptions for companies transitioning to clean energy with a verified timeline. The state must report progress annually to the legislature, aligning with Washington's goal to eliminate coal-fired electricity by 2025.