Bill Text: TX SB940 | 2015-2016 | 84th Legislature | Enrolled

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Bill Title: Relating to the notification duties of a state governmental entity with public retirement system investment holdings in Sudan or Iran.

Sponsorship: Bipartisan Bill

Status: (Passed) 2015-06-16 - Effective on 9/1/15 [SB940 Detail]

Download: Texas-2015-SB940-Enrolled.html

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S.B. No. 940

AN ACT
relating to the notification duties of a state governmental entity
with public retirement system investment holdings in Sudan or Iran.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 806.052, Government Code, is amended to
read as follows:
Sec. 806.052. IDENTIFICATION OF INVESTMENT IN LISTED
COMPANIES. Not later than the 30th [14th] day after the date a
state governmental entity receives the list provided under Section
806.051 [806.051(c)], the state governmental entity shall notify
the comptroller of the listed companies in which the state
governmental entity owns direct or indirect holdings.
SECTION 2. Section 807.052, Government Code, is amended to
read as follows:
Sec. 807.052. IDENTIFICATION OF INVESTMENT IN LISTED
COMPANIES. Not later than the 30th [14th] day after the date a
state governmental entity receives the list provided under Section
807.051, the state governmental entity shall notify the board of
the listed companies in which the state governmental entity owns
direct holdings or indirect holdings.
SECTION 3. This Act takes effect September 1, 2015.
______________________________ ______________________________
President of the Senate Speaker of the House
I hereby certify that S.B. No. 940 passed the Senate on
April 1, 2015, by the following vote: Yeas 30, Nays 0.
______________________________
Secretary of the Senate
I hereby certify that S.B. No. 940 passed the House on
May 22, 2015, by the following vote: Yeas 140, Nays 0, two
present not voting.
______________________________
Chief Clerk of the House
Approved:
______________________________
Date
______________________________
Governor