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Senate Bill 940 |
Senate Author: Taylor, Van |
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Effective: 9-1-15 |
House Sponsor: Anchia |
Current law requires the comptroller of public accounts and the State Pension Review Board, respectively, to prepare and periodically update a list of companies that engage in certain scrutinized business operations with Sudan or Iran and to provide that list to certain public retirement systems. A system, by a prescribed deadline, must then notify the comptroller or board, as applicable, of the listed companies in which the system owns direct or indirect holdings. Senate Bill 940 amends the Government Code to extend that notification deadline.