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TX SB1489

TX SB1489
Relating to prohibiting the investment of the permanent university fund, the national research university fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.


summary

Introduced
03/02/2023
In Committee
05/10/2023
Crossed Over
05/09/2023
Passed
Dead
05/29/2023

Introduced Session

88th Legislature Regular Session

Bill Summary

Relating to prohibiting the investment of the permanent university fund, the national research university fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

AI Summary

This bill prohibits the investment of the permanent university fund, the national research university fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies. It applies Chapter 809 of the Texas Government Code, which relates to investments by state governmental entities, to the governing boards of public institutions of higher education, the national research university fund, and the permanent university fund. The bill takes effect on September 1, 2023.

Committee Categories

Education

Sponsors (1)

Last Action

Referred to Higher Education (on 05/10/2023)

bill text


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