Introduced
by
To prohibit state pension systems from owning shares of companies that have various types of financial interests in Iran, North Korea, Sudan, or Syria, and require current holdings that meet the bill’s definition to be gradually divested over the next five years.
Referred to the Committee on Government Operations
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that applies the bill only to Iran. House Bill 4854 would apply to Sudan.
The substitute passed by voice vote
Passed in the House 104 to 2 (details)
To prohibit state pension systems from owning shares of companies that have various types of financial interests in Iran, and require current holdings that meet the bill’s definition to be gradually divested over the next five years. House Bill 4854 would apply to Sudan.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Substitute offered
To put a 60 day deadline on a requirement that a letter be sent to companies discovered to be affected by the provisions of the bill.
The substitute passed by voice vote
Passed in the Senate 36 to 0 (details)
To prohibit state pension systems from owning shares of companies that have various types of financial interests in Iran, and require current holdings that meet the bill’s definition to be gradually divested over the next five years. House Bill 4854 would apply to Sudan.
Passed in the House 105 to 0 (details)
To concur with the Senate-passed version of the bill.
