Tim Griffin
- Republican
- Delegate
- District 53
Primary
Virginia Retirement System; investments; diversity,equity, and inclusion investing restricted. Provides that unlessthe Board of Trustees of the Virginia Retirement System can demonstratethat a social investment, defined in the bill, would provide a superior rate of return compared to a similar investment that is not a socialinvestment with a similar time horizon and risk, neither the Boardnor any external fiduciary utilized by the Board may invest or makerecommendations regarding state funds for the purpose of social investmenton or after July 1, 2024.
Stricken from docket by Appropriations (22-Y 0-N)
Subcommittee recommends striking from docket (8-Y 0-N)
Impact statement from VRS (HB388)
Assigned App. sub: Compensation and Retirement
Prefiled and ordered printed; offered 01/10/24 24103471D
Referred to Committee on Appropriations
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/10/24 24103471D | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: HB388F158.PDF |
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