IN SB0268 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 21-1)
Status: Passed on May 1 2023 - 100% progression
Action: 2023-05-01 - Public Law 104
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Partisan Bill (Republican 21-1)
Status: Passed on May 1 2023 - 100% progression
Action: 2023-05-01 - Public Law 104
Text: Latest bill text (Enrolled) [PDF]
Summary
Prohibited pension system investments. Prohibits the Indiana public retirement system from investing in certain restricted entities or restricted investment products, including particular investments publicly confirmed to be controlled by the People's Republic of China or the Chinese Communist Party. Specifies exceptions, a divestment schedule, and reporting requirements. Adds a provision urging the legislative council to assign to the interim study committee on pension management oversight the topic of studying whether to cease or defer divestment or resume investment in an entity or product in accordance with the provisions regarding divestment from Chinese companies.
Title
Prohibited pension system investments.
Sponsors
Roll Calls
2023-04-17 - House - House - Third reading (Y: 96 N: 0 NV: 1 Abs: 3) [PASS]
2023-02-28 - Senate - Senate - Third reading (Y: 49 N: 0 NV: 0 Abs: 1) [PASS]
2023-02-28 - Senate - Senate - Third reading (Y: 49 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-05-01 | Senate | Public Law 104 |
| 2023-05-01 | Senate | Signed by the Governor |
| 2023-04-26 | Senate | Signed by the President of the Senate |
| 2023-04-21 | House | Signed by the Speaker |
| 2023-04-18 | House | Returned to the Senate without amendments |
| 2023-04-18 | Senate | Signed by the President Pro Tempore |
| 2023-04-17 | House | Third reading: passed; Roll Call 429: yeas 96, nays 0 |
| 2023-04-13 | House | Second reading: ordered engrossed |
| 2023-04-11 | House | Committee report: do pass, adopted |
| 2023-04-06 | House | Referred to the Committee on Ways and Means pursuant to House Rule 127 |
| 2023-04-06 | House | Committee report: do pass, adopted |
| 2023-03-06 | House | First reading: referred to Committee on Employment, Labor and Pensions |
| 2023-03-01 | Senate | Referred to the House |
| 2023-02-28 | Senate | Senator Tomes added as coauthor |
| 2023-02-28 | Senate | Senator Raatz added as coauthor |
| 2023-02-28 | Senate | Cosponsors: Representatives Jeter C, Carbaugh, VanNatter |
| 2023-02-28 | Senate | House sponsor: Representative Judy |
| 2023-02-28 | Senate | Third reading: passed; Roll Call 189: yeas 49, nays 0 |
| 2023-02-27 | Senate | Second reading: amended, ordered engrossed |
| 2023-02-27 | Senate | Amendment #1 (Garten) prevailed; voice vote |
| 2023-02-23 | Senate | Senator Randolph added as coauthor |
| 2023-02-23 | Senate | Senator Messmer added as coauthor |
| 2023-02-23 | Senate | Committee report: amend do pass, adopted |
| 2023-02-16 | Senate | Senators Koch and Gaskill added as coauthors |
| 2023-01-30 | Senate | Senators Crane, Walker G, Doriot, Perfect added as coauthors |
| 2023-01-30 | Senate | Senator Busch added as coauthor |
| 2023-01-26 | Senate | Senator Rogers added as coauthor |
| 2023-01-26 | Senate | Pursuant to Senate Rule 68(b); reassigned to Committee on Appropriations |
| 2023-01-26 | Senate | Committee report: amend do pass, adopted |
| 2023-01-24 | Senate | Senators Baldwin and Buchanan added as coauthors |
| 2023-01-24 | Senate | Senator Freeman added as third author |
| 2023-01-24 | Senate | Senator Holdman added as second author |
| 2023-01-23 | Senate | Senator Zay added as coauthor |
| 2023-01-11 | Senate | First reading: referred to Committee on Pensions and Labor |
| 2023-01-11 | Senate | Authored by Senator Garten |
