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NC H620
Bill
Status
4/9/2015
Primary Sponsor
Mary Harrison
Click for details
AI Summary
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Requires the State Treasurer to report to the Joint Legislative Commission on Governmental Operations by May 1, 2016 on a plan for divesting public funds from fossil fuel companies.
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Divestment plan must cover all publicly traded securities held in any Public Fund that are invested in companies involved in extraction, processing, combustion, transportation, storage, or brokerage of fossil fuels.
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Plan shall include a list of companies to be divested and a schedule for completing the divestment.
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Public Fund is defined according to G.S. 147-86.42.
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Effective upon becoming law.
Legislative Description
Fossil Fuels Public Funds Divestment Report
Last Action
Ref to the Com on Commerce and Job Development, if favorable, Environment, if favorable, Regulatory Reform, if favorable, Rules, Calendar, and Operations of the House
4/13/2015