Assembly Bill

AB 107 (Knox) – Tobacco Divestment

Would have prohibited new or additional investments in tobacco companies by CalSTRS and CalPERS on and after January 1, 2001, and required divestment from existing investments by July 1, 2002. Also would have provided indemnification for members of both boards of administration.

  • Version: Amended 8/08/2000
  • Sponsor: Author
  • Location: Assembly
  • Board Position: No position

CalSTRS Analysis:

As Amended 8/08/2000

As Amended 2/29/2000