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1996 SESSION
SB 618 Investment of public funds.
Introduced by: Joseph V. Gartlan, Jr. | all patrons ... notes | add to my profiles
SUMMARY:
Investments for public funds. Prohibits investment of state funds or funds administered by a state agency in any institution doing business in Northern Ireland if the institution has not implemented a plan, known as the MacBride principles, to eliminate ethnic or religious discrimination. Public funds may be invested in companies that have not implemented the MacBride principles if equally attractive alternative investments are not available. The restriction applies only to investments made after July 1, 1996.
FULL TEXT
HISTORY
- 01/22/96 Senate: Presented & ordered printed 966526661
- 01/22/96 Senate: Referred to Committee on Finance
- 01/30/96 Senate: Reported from Finance (11-Y 4-N)
- 01/31/96 Senate: Const. reading disp.(39-Y 0-N), passed by for the day
- 01/31/96 Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
- 02/01/96 Senate: Read second time and engrossed
- 02/02/96 Senate: Read third time and passed Senate (25-Y 13-N)
- 02/02/96 Senate: VOTE: PASSAGE (25-Y 13-N)
- 02/02/96 Senate: Communicated to House
- 02/05/96 House: Placed on Calendar
- 02/06/96 House: Read first time
- 02/06/96 House: Referred to Committee on General Laws
- 02/09/96 House: Assigned to General Laws sub-committee: 2
- 02/26/96 House: Continued to 1997 in General Laws (22-Y 0-N)