SB 1239
Modifies provisions relating to investment policies of public entities
Sponsor:
LR Number:
5870S.01I
Last Action:
3/29/2022 - Second Read and Referred S Insurance and Banking Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2022

Current Bill Summary

SB 1239 - 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. 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 substantially similar to SB 686 (2018) and SB 308 (2017).

SCOTT SVAGERA

Amendments

No Amendments Found.