PRINTER'S NO. 989
No. 871 Session of 1989
INTRODUCED BY MURPHY, O'DONNELL, KUKOVICH, ITKIN, MICHLOVIC,
FEE, McNALLY, PERZEL, WASS, JOSEPHS, ROBINSON, KOSINSKI,
PRESSMANN, KENNEY, STISH, MAYERNIK, GANNON, BLAUM, TRELLO,
CAWLEY, LEVDANSKY, VEON, CORRIGAN AND PISTELLA, APRIL 3, 1989
REFERRED TO COMMITTEE ON FINANCE, APRIL 3, 1989
AN ACT
1 Amending the act of February 17, 1906 (P.L.45, No.11), entitled
2 "An act to regulate the deposits of State funds, to prescribe
3 the method of selecting State depositories, to limit the
4 amount of State deposits, to provide for the security of such
5 deposits, to fix the rate of interest thereon, to provide for
6 the publication of monthly statements of moneys in the
7 general and sinking funds, to declare it a misdemeanor to
8 give or take anything of value for obtaining the same, and
9 prescribing penalties for violations of this act," further
10 providing limitations on investments in Northern Ireland.
11 The General Assembly of the Commonwealth of Pennsylvania
12 hereby enacts as follows:
13 Section 1. The act of February 17, 1906 (P.L.45, No.11),
14 entitled "An act to regulate the deposits of State funds, to
15 prescribe the method of selecting State depositories, to limit
16 the amount of State deposits, to provide for the security of
17 such deposits, to fix the rate of interest thereon, to provide
18 for the publication of monthly statements of moneys in the
19 general and sinking funds, to declare it a misdemeanor to give
20 or take anything of value for obtaining the same, and
21 prescribing penalties for violations of this act," is amended by
1 adding a section to read:
2 Section 3.1. Notwithstanding any other provision of law, to
3 be a depository of State funds, any moneys or assets on deposit
4 which shall be invested in the stocks, securities or other
5 obligations of any institution or company doing business in or
6 with Northern Ireland, or with agencies or instrumentalities
7 thereof, shall be invested in accordance with the provisions of
8 the subsection (c).
9 (a) On or before the first day of January of each year, the
10 State Treasurer shall determine the existence of affirmative
11 action taken by institutions or companies doing business in
12 Northern Ireland to eliminate ethnic or religious discrimination
13 based on actions taken for:
14 (b) Increasing the representation of individuals from
15 underrepresented religious groups in the work force including
16 managerial, supervisory, administrative, clerical and technical
17 jobs.
18 (c) Providing adequate security for the protection of
19 minority employes both at the workplace and while traveling to
20 and from work.
21 (d) The banning of provocative religious or political
22 emblems from the workplace.
23 (e) Publicly advertising all job openings and making special
24 recruitment efforts to attract applicants from underrepresented
25 religious groups.
26 (f) Providing that layoff, recall and termination procedures
27 should not in practice favor particular religious groupings.
28 (g) The abolition of job reservations, apprenticeship
29 restrictions and differential employment criteria, which
30 discriminate on the basis of religion or ethnic origin.
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1 (h) The development of training programs that will prepare
2 substantial number of current minority employes for skilled
3 jobs, including the expansion of existing programs and the
4 creation of new programs to train, upgrade and improve the
5 skills of minority employes.
6 (i) The establishment of procedures to assess, identify and
7 actively recruit minority employes with potential for further
8 advancement.
9 (j) The appointment of senior management staff members to
10 oversee affirmative action efforts and the setting up of
11 timetables to carry out affirmative action principles.
12 (k) Consistent with sound investment policy, the State
13 Treasurer shall insure that State depositories invest State
14 funds in the manner that the investments in institutions doing
15 business in or with Northern Ireland shall reflect the advances
16 made by the institutions in eliminating discrimination according
17 to the principles set forth in the second paragraph of this
18 section.
19 Section 2. This act shall take effect immediately.
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