Virginia Senate Bill 507: Virginia retirement systems; investments in companies with elected official interests.

Virginia · 2026 Regular Session

What it does

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 are held in a blind trust established pursuant to federal law.

Latest action

Passed by indefinitely in Finance and Appropriations (13-Y 0-N) (2026-01-28)

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