Indiana Senate Bill 170 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 6 2022 - 25% progression, died in committee
Action: 2022-01-06 - First reading: referred to Committee on Pensions and Labor
Pending: Senate Pensions and Labor Committee
Text: Latest bill text (Introduced) [PDF]

Pension investments in fossil fuel companies. Requires the board of trustees of the Indiana public retirement system (system) to divest investments and investment products in a company that is publicly traded and identified as one of the 200 largest reserve-owning fossil fuel companies based on the amount of carbon emissions in a company's oil, gas, and coal reserves. Requires the system to submit a report to the interim study committee on pension management oversight and the budget committee on or before November 1 of each year through 2029. Provides for civil immunity.

Pension investments in fossil fuel companies.

Sen. Shelli Yoder [D]

Date	Chamber	Action
2022-01-06	Senate	First reading: referred to Committee on Pensions and Labor
2022-01-06	Senate	Authored by Senator Yoder

Type	Source
Summary	https://iga.in.gov/legislative/2022/bills/senate/170/details
Text	http://iga.in.gov/static-documents/1/0/a/2/10a24cad/SB0170.01.INTR.pdf
Supplement	http://iga.in.gov/static-documents/a/0/a/6/a0a6ce80/SB0170.01.INTR.FN001.pdf