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AK HB6
Bill
Status
1/22/2025
Primary Sponsor
Kevin McCabe
Click for details
AI Summary
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Prohibits fiduciaries of state funds, the Alaska Retirement Management Board, and the Alaska Permanent Fund Corporation Board from making investment decisions to further social, political, or ideological interests
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Bars investment actions related to eliminating, reducing, offsetting, or disclosing greenhouse gas emissions
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Prohibits divesting from or limiting investments in companies based on environmental standards, disclosures, or failure to meet environmental commitments
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Restricts investment decisions based on corporate board composition, employee compensation, or disclosure criteria tied to social, political, or ideological characteristics
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Forbids divesting from companies involved in firearms manufacturing, distribution, sale, or use, as well as investment decisions related to abortion or transgender medical services
Legislative Description
State Fund Fiduc Duty:social/pol Interest
Public Finance
Last Action
COSPONSOR(S): VANCE
3/26/2025