State public retirement systems: divestiture from private prison companies.
This bill failed and is no longer moving.
- Stage
- Failed
- Started in
- Assembly
- Sponsors
- 8
- Latest action
- Feb 3, 2020
What it does
The California Constitution provides that the Legislature may, by statute, prohibit retirement board investments if it is in the public interest to do so and providing that the prohibition satisfies specified fiduciary standards.
Where it stands
This bill failed and is no longer moving.
Failed
This bill failed and is no longer moving.
What moved
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Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
Once a bill is decided, the questions are about what is done with it in California.