SB 903 (Anderson) – Public Retirement Investments in Iran

Senate Bill

Provides that any determination by CalSTRS that an action relating to selling or transferring specified investments in Iran would be a breach of fiduciary duty be made in a public hearing of the full board after proper public notice and provide an opportunity for public comment.

  • Version: Amended 7/1/11
  • Sponsor: Author
  • Location: Assembly Appropriations Committee
  • Board Position: Oppose

CalSTRS Analysis:

As amended 7/1/2011

As introduced 2/18/2011

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