California Turkish investment ban bill

CalPERS, CalSTRS Turkish Divestment Bill Passes Senate 36-0

May 26, 2021 2:33 pm

A bill to allow school districts and cities to choose investments not issued or owned by the country of Turkey passed the Senate unanimously 36-0 on Thursday. Senate Bill 457, authored by Senators Anthony J. Portantino (D- La Canada Flintridge)...

New Bill Would Stop State Trusts From Selecting Turkish Investments

February 20, 2021 7:19 amFebruary 23, 2021 8:07 am

A bill that would halt all new or existing Turkish investments by the state of California was introduced in the Assembly Friday. Assembly Bill 1019, authored by Assemblyman Chris Holden (D-Pasadena), would specifically prohibit state trust moneys, such as the...