PERA Public Employees' Retirement Association Divestment From Fossil Fuel Companies
The latest recorded action postponed this bill indefinitely. It is no longer advancing in this session.
- Stage
- In committee
- Started in
- House
- Sponsors
- 2
- Latest action
- Apr 19, 2021
What it does
The public employees' retirement association (PERA) board (board) is required to create an exclusion list of all fossil fuel companies in whose stocks, securities, equities, assets, or other obligations PERA has any money or assets directly invested. The board is required to notify any company on the list of its inclusion on the list and of the divestment requirements of the bill. The board is required to periodically update the exclusion list. A company that was included on the exclusion list may request that it be removed from the list on the basis of clear and convincing evidence that it is not currently a fossil fuel company or that it will no longer meet such definition by a certain…
Where it stands
The latest recorded action postponed this bill indefinitely. It is no longer advancing in this session.
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money in Colorado.