Assembly Bill

AB 1151 (Feuer) – Public Retirement Investments in Iran

Requires that any determination by CalSTRS that an action, as specified in the California Public Divest from Iran Act, fails to satisfy the fiduciary duty of the board be made in a properly noticed public hearing of the full board and that proposed findings be made public 72 hours before they are considered by the board.

  • Version: Chaptered (Chapter 441, Statutes of 2011)
  • Sponsor: Author
  • Location: Signed by Governor
  • Board Position: Neutral

CalSTRS Analysis:

As amended 7/12/2011

As amended 5/5/2011

As amended 4/14/2011