PRINTER'S NO. 2869
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
2447
Session of
2022
INTRODUCED BY BENNINGHOFF, ARMANINI, BERNSTINE, R. BROWN,
CAUSER, CIRESI, COOK, DeLUCA, DUNBAR, ECKER, FARRY, FREEMAN,
GREINER, GROVE, HAMM, HENNESSEY, HERSHEY, JONES, KEEFER,
KERWIN, M. MACKENZIE, R. MACKENZIE, MENTZER, MERCURI,
MILLARD, MIZGORSKI, MOUL, NEILSON, O'NEAL, OBERLANDER,
PICKETT, PISCIOTTANO, POLINCHOCK, RAPP, ROTHMAN, RYAN,
SAYLOR, SCHMITT, SMITH, STAATS, STAMBAUGH, THOMAS AND
TWARDZIK, MARCH 23, 2022
REFERRED TO COMMITTEE ON STATE GOVERNMENT, MARCH 23, 2022
AN ACT
Providing for divestiture by the State Treasurer, the State
Employees' Retirement System and the Public School Employees'
Retirement System of investments in companies doing business
in Russia and Belarus.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Short title.
This act shall be known and may be cited as the Russia and
Belarus Divestiture Act.
Section 2. Definitions.
The following words and phrases when used in this act shall
have the meanings given to them in this section unless the
context clearly indicates otherwise:
"Alternative investments." An investment in a private equity
fund, private debt fund, venture fund, real estate fund, hedge
fund or absolute return fund.
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