Relating to the conduct of business in Iran; declaring an emergency.
Catchline/Summary:
Requires persons that bid on state public contracts to disclose whether they conduct mineral-extraction or oil-related activities related to Iran. Requires persons that bid on state public contracts to disclose whether they conduct mineral-extraction or oil-related activities related to Iran.
Directs Oregon Investment Council and State Treasurer to divest investment funds invested in certain companies engaged in mineral-extraction or oil-related activities related to Iran. Directs council or treasurer to maintain list of companies. Specifies procedures for notice and divestment. Prohibits certain investments. Provides exceptions.
Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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SB 701 Senate Committee On General Government, Consumer and Small Business Protection
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