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AR HB1324

Bill

Status

Passed

4/3/2017

Primary Sponsor

Douglas House

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Origin

House of Representatives

91st General Assembly (2017 Regular)

AI Summary

  • Amends Arkansas Code § 24-5-106 regarding the Arkansas State Highway Employees' Retirement System Fund
  • Prohibits investment decisions from being based on whether an investment's location is in the State of Israel
  • Applies to decisions to invest, not invest, or withdraw from investment of system funds
  • Covers all types of investment vehicles including funds, companies, and other investment types
  • Effective upon approval on April 1, 2017

Legislative Description

To Amend The Law Concerning The Investment Practices Of The Arkansas State Highway Employees' Retirement System.

Last Action

Notification that HB1324 is now Act 796

4/3/2017

Committee Referrals

Public Retirement & Social Security Programs1/25/2017

Full Bill Text

No bill text available