SB507
Virginia retirement systems; investments in companies with elected official interests.
Status:
Killed
Latest Action:
Jan. 28, 2026
Senate: Passed by indefinitely in Finance and Appropriations (13-Y 0-N)
Chief Patron:
Jeremy McPike (D)
Session:
2026 Regular Session
Summary
As Introduced. Virginia retirement system; investments in companies with elected official interests.
Prohibits investments by the Virginia Retirement System and local retirement systems in (i) companies with a majority ownership interest held by those holding elected federal positions or (ii) in investment funds with holdings of such companies in their portfolios on and after January 1, 2027, unless such investments or holdings ... (More) are held in a blind trust established pursuant to federal law. (Less)-
Bill History
- 01/13/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26104876D
- 01/13/2026 - Senate: Referred to Committee on Finance and Appropriations
- 01/27/2026 - Senate: Fiscal Impact Statement from Virginia Retirement System (SB507)
- 01/28/2026 - Senate: Passed by indefinitely in Finance and Appropriations (13-Y 0-N)
