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From the 80th Legislature
SB 247
Darfur Divestment
Ellis
Comments
Disempower the Murderers
by caroday on Jan 26, 2007 9:37:43
There may be little the government of Texas can do to alter the genocide in Sudan, but this is the least it can do - drain the coffers, send the message.
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Summary
Directs the Employees Retirement System of Texas and the Teacher Retirement System of Texas not to invest companies that have contracts with the government of the Republic of Sudan.Background
Sudan's actions in the Darfur Genocide, have led 6 states (California, Connecticut, Illinois, Maine, New Jersey and Oregon) to pass legislation disinvesting in that area. Litigation against the Illinois Statute is underway.Similar language is in HB 419 and the companion bill is HB 667
Additional Links
Hughes, Polly Ross bill unites opposite sides Houston Chronicle 1/23/06Capitol Annex Blog "Requiring Pension Funds To Divest From Companies Doing Business In Darfur" 1/24/07
Vu, Pauline "Violence in Sudan pushes states to act" Stateline.org 12/18/06
Reynolds, John B. III and Thorson, Maureen E. "California, Illinois and Other States Have Sudan Divestment Legislation: What Do You Need to Know?" 10/5/06
Wheeler, David "Calls to disinvest from Sudan are misguided and self-serving" Globe and Mail Update
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