HB388 - Virginia Retirement System; investments, diversity, equity, and inclusion investing restricted.
Virginia - 2024 Regular Session
Introduced byTimothy P. Griffin
Last updated 9 months ago
1 Co-Sponsor
Virginia Retirement System; investments; diversity, equity, and inclusion investing restricted. Provides that unless the Board of Trustees of the Virginia Retirement System can demonstrate that a social investment, defined in the bill, would provide a superior rate of return compared to a similar investment that is not a social investment with a similar time horizon and risk, neither the Board nor any external fiduciary utilized by the Board may invest or make recommendations regarding state funds for the purpose of social investment on or after July 1, 2024.
STATUS
Introduced
Verifications Required
You must be a verified voter to do that.
No Thanks, I'll do it later
Verify your identity now