Virginia House Bill 2335 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 12 2023 - 25% progression, died in committee
Action: 2023-02-07 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [HTML]

Virginia Retirement System; investments; environmental, social, and governance investing restricted. Provides that unless the Board of Trustees of the Virginia Retirement System can demonstrate that a social investment, defined in the bill, would provide a superior rate of return compared to a similar investment that is not a social investment with a similar time horizon and risk, neither the Board nor any external fiduciary utilized by the Board may invest or make recommendations regarding state funds for the purpose of social investment on or after July 1, 2023.

Virginia Retirement System; investments, environmental, social, and governance investing restricted.

Sen. Tara Durant [R]

2023-02-01 - House - House: Subcommittee recommends laying on the table (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2023-02-07	House	Left in Appropriations
2023-02-01	House	Subcommittee recommends laying on the table (7-Y 0-N)
2023-01-18	House	Assigned App. sub: Compensation and Retirement
2023-01-12	House	Referred to Committee on Appropriations
2023-01-12	House	Presented and ordered printed 23104385D

Chapter	Article	Section	Citation Type	Statute Text
51	1	124.30	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?231+sum+HB2335
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2335+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+HB2335F158+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+H0202V0022+HB2335