SB 686 Modifies the law relating to the investment policies of the state
Sponsor: Chappelle-Nadal
LR Number: 4769S.01I Fiscal Notes
Committee: Insurance and Banking
Last Action: 1/10/2018 - Second Read and Referred S Insurance and Banking Committee Journal Page: S127
Title: Calendar Position:
Effective Date: Upon Voter Approval

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Current Bill Summary

SB 686 - Under this act, the State of Missouri, the political subdivisions thereof, and any retirement system established by the state or any political subdivision are prohibited from contracting with or investing in individuals, partnerships, corporations, or other legal entities investing or doing business with Russia or any territory occupied by Russia. Existing contracts shall not be renewed and shall be cancelled or divested as soon as prudently possible.

This act contains a referendum clause.

This act is identical to SB 308 (2017).