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CO HB1169
Bill
Status
Failed
2/26/2024
Primary Sponsor
Elisabeth Epps
Click for details
AI Summary
- Repeals part 2 of article 54.8 of title 24 in Colorado Revised Statutes, which removes requirements established by HB 16-1284
- Eliminates the requirement that the Public Employees' Retirement Association (PERA) periodically identify companies with economic prohibitions against Israel
- Removes the mandate that PERA divest all direct holdings of those companies from its assets
- Removes the prohibition on PERA acquiring new direct holdings in companies with economic prohibitions against Israel
- Takes effect 90 days after final adjournment of the general assembly, unless a referendum petition is filed, in which case it requires voter approval at the November 2024 general election
Legislative Description
Repeal Divest from Companies with Israel Prohibitions Law
State Government
Last Action
House Committee on Finance Postpone Indefinitely
2/26/2024
Committee Referrals
Finance1/31/2024
Full Bill Text
No bill text available