SB 542
Comp
Pensions and Retirement Benefits - As enacted, requires the TCRS board of trustees to divest the retirement system from investment activity it has in a company known to be majority-owned by China; requires a local governing body to divest its political subdivision pension plan from investment activity it has in a company known to be majority-owned by China. - Amends TCA Title 9, Chapter 4, Part 15.
- Tennessee
- Senate
- Introduced Jan 30, 2025
- Session 114
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View on official siteLegislative Timeline
15 actions-
Comp. became Pub. Ch. 289
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Companion House Bill substituted
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Sponsor(s) Added.
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Placed on Senate Regular Calendar for 4/9/2025
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Recommended for passage, refer to Senate Calendar Committee
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Action deferred in Senate State and Local Government Committee to 4/2/2025
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Placed on Senate State and Local Government Committee calendar for 4/2/2025
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Placed on Senate State and Local Government Committee calendar for 4/1/2025
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Reset on Final calendar of Senate State and Local Government Committee
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Placed on Senate State and Local Government Committee calendar for 3/11/2025
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Action deferred in Senate State and Local Government Committee to 3/11/2025
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Placed on Senate State and Local Government Committee calendar for 2/25/2025
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Passed on Second Consideration, refer to Senate State and Local Government Committee
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Introduced, Passed on First Consideration
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Filed for introduction