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OH HR244
Resolution
Status
5/17/2022
Primary Sponsor
Casey Weinstein
Click for details
AI Summary
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Urges the boards of Ohio's state retirement systems to sell, redeem, or divest holdings in companies and institutions based in Russia in an orderly manner consistent with fiduciary duties.
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State retirement systems collectively hold approximately $210 million in Russian-based company and institutional investments.
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State retirement systems have combined assets totaling more than $237 billion.
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Condemns Russia's military assault against Ukraine and affirms support for the Ukrainian people's resistance.
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Requires the Ohio House Clerk to send authenticated copies of the resolution to each state retirement system board and Ohio news media.
Legislative Description
Urge state retirement systems to divest from Russian entities.
Last Action
Introduced and Referred to Committee: Insurance
5/17/2022