VirginiaHB25292025 Regular SessionHouse

Higher educational institutions, public; endowments; certain divestment practices prohibited.

Sponsored By: Michael J. Jones (Democratic)

Failed

Summary

Public institutions of higher education; endowments; investment management; certain divestment practices prohibited. Prohibits any public institution of higher education or any affiliated foundation, investment management company, or other entity that is responsible for managing or investing endowment funds of the institution from establishing or implementing any policy or practice of divesting from all investments in any country or territory that is not the subject of an active sanctions program administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury.

Rules

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Michael J. Jones

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Left in Rules

    2/4/2025House
  2. Fiscal Impact Statement from Department of Planning and Budget (HB2529)

    1/25/2025House
  3. Referred to Committee on Rules

    1/8/2025House
  4. Prefiled and ordered printed; Offered 01-08-2025 25102939D

    1/8/2025House

Bill Text

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