Full Text of SB1621 95th General Assembly
SB1621ham002 95TH GENERAL ASSEMBLY
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Rep. Lou Lang
Filed: 5/28/2007
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LRB095 10598 AMC 37113 a |
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| AMENDMENT TO SENATE BILL 1621
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| AMENDMENT NO. ______. Amend Senate Bill 1621, AS AMENDED, | 3 |
| with reference to page and line numbers of House Amendment No. | 4 |
| 1, on page 4, lines 15 through 17, by deleting " , as well as | 5 |
| facilitating such activities, including, providing supplies or | 6 |
| services in support of such activities "; and | 7 |
| on page 4, line 21, after " oil; ", by inserting " and "; and | 8 |
| on page 4, by replacing lines 22 through 24 with the following: | 9 |
| " pipeline, refinery, or other oil-field infrastructure. The | 10 |
| mere "; and | 11 |
| on page 5, lines 19 and 20, by replacing " or assets linked to " | 12 |
| with " produced in or assets located in "; and | 13 |
| on page 5, line 22, by replacing " or assets linked to " with | 14 |
| " produced in or assets located in "; and
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| on page 6, line 2, by deleting " with actual knowledge, "; and | 2 |
| on page 8, on lines 8 through 10, by deleting " , as well as | 3 |
| facilitating such activities, including, providing supplies or | 4 |
| services in support of such activities "; and | 5 |
| on page 8, line 14, after " oil; ", by inserting " and "; and | 6 |
| on page 8, by replacing lines 15 through 17 with the following: | 7 |
| " pipeline, refinery, or other oil-field infrastructure. The | 8 |
| mere "; and | 9 |
| on page 9, immediately below line 4, by inserting the | 10 |
| following: | 11 |
| " "Scrutinized business operations" means business | 12 |
| operations that have caused a company to become a scrutinized | 13 |
| company. "; and | 14 |
| on page 9, lines 12 and 13, by replacing " or assets linked to " | 15 |
| with " produced in or assets located in "; and | 16 |
| on page 9, line 15, by replacing " or assets linked to " with | 17 |
| " produced in or assets located in "; and
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| on page 9, line 21, by deleting " with actual knowledge, "; and |
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| on page 10, by replacing lines 9 through 13 with the following: | 2 |
| " system has direct or indirect holdings. | 3 |
| These efforts shall include the following, as appropriate | 4 |
| in the retirement system's judgment: | 5 |
| (1) reviewing and relying on publicly available "; and | 6 |
| on page 11, line 6, by replacing " quarterly " with " annually "; | 7 |
| and | 8 |
| on page 11, line 10, by deleting " immediately "; and | 9 |
| on page 15, line 8, by replacing " such " with " fiduciary duties | 10 |
| under this Article and any "; and | 11 |
| on page 15, lines 13 and 14, by deleting " certain " each time it | 12 |
| appears; and | 13 |
| on page 15, by replacing lines 16 through 20 with the | 14 |
| following: | 15 |
| " evidence shows that the value of investments in scrutinized | 16 |
| companies with active scrutinized business operations becomes | 17 |
| equal to or less than 0.5% of the market value of all assets | 18 |
| under management by the retirement system. Cessation of "; and | 19 |
| on page 16, lines 15 and 16, by replacing "upon becoming law" |
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| with "on January 1, 2008".
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