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CO HB1169

Bill

Status

Failed

2/26/2024

Primary Sponsor

Elisabeth Epps

Click for details

Origin

House of Representatives

2024 Regular Session

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