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By: Taylor of Collin |
S.B. No. 940 |
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(In the Senate - Filed March 4, 2015; March 9, 2015, read |
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first time and referred to Committee on State Affairs; |
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March 25, 2015, reported adversely, with favorable Committee |
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Substitute by the following vote: Yeas 8, Nays 0; March 25, 2015, |
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sent to printer.) |
Click here to see the committee vote |
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COMMITTEE SUBSTITUTE FOR S.B. No. 940 |
By: Creighton |
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A BILL TO BE ENTITLED
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AN ACT
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relating to the notification duties of a state governmental entity |
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with public retirement system investment holdings in Sudan or Iran. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 806.052, Government Code, is amended to |
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read as follows: |
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Sec. 806.052. IDENTIFICATION OF INVESTMENT IN LISTED |
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COMPANIES. Not later than the 30th [14th] day after the date a |
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state governmental entity receives the list provided under Section |
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806.051 [806.051(c)], the state governmental entity shall notify |
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the comptroller of the listed companies in which the state |
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governmental entity owns direct or indirect holdings. |
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SECTION 2. Section 807.052, Government Code, is amended to |
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read as follows: |
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Sec. 807.052. IDENTIFICATION OF INVESTMENT IN LISTED |
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COMPANIES. Not later than the 30th [14th] day after the date a |
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state governmental entity receives the list provided under Section |
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807.051, the state governmental entity shall notify the board of |
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the listed companies in which the state governmental entity owns |
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direct holdings or indirect holdings. |
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SECTION 3. This Act takes effect September 1, 2015. |
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