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Minutes for HB2444 - Committee on Financial Institutions and Pensions
Short Title
Repealing requirements of the KPERS board regarding new investments and divestment of current investments in companies with business operations in Sudan.
Minutes Content for Wed, Jan 24, 2018
David Wiese, staff revisor, reviewed the bill.
Chairperson Kelly opened the hearing on HB2444.
Alan Conroy testified in support of HB2444 stating that because the divestiture requirements of K.S.A. 74-4921c have been revoked due to actions of the U.S. government, the bill would provide clarity for current and future KPERS' investments. (Attachment 2)
Mr. Conroy responded to questions from the Committee.
There being no further conferees, Chairperson Kelly closed the hearing on HB2444.
