2008 House Bill 5997 / Public Act 272

Ban government investments in companies doing business with terrorism sponsors

Introduced in the House

April 17, 2008

Introduced by Rep. Kathy Angerer (D-55)

To prohibit the investment of state and local pension and other funds in a company that engages in commerce in any form with a country cited by the U.S. State Department as a state sponsor of terrorism.

Referred to the Committee on Government Operations

June 27, 2008

Passed in the House 107 to 0 (details)

Received in the Senate

July 17, 2008

Referred to the Committee on Homeland Security and Emerging Technologies

Sept. 9, 2008

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Sept. 10, 2008

Passed in the Senate 38 to 0 (details)

To prohibit the investment of state and local pension and other funds in a company that engages in commerce in any form with a country cited by the U.S. State Department as a state sponsor of terrorism.

Received in the House

Sept. 10, 2008

Sept. 16, 2008

Passed in the House 107 to 0 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. Jennifer Granholm

Sept. 27, 2008