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Latest Update: Tuesday, July, 22nd 2008

Companion Bill SB3463. Public Funds and Financing - Enacts "Sudanese Divestment Act of 2008." - Amends TCA Title 4, Chapter 3, Part 24; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36; Title 8, Chapter 37; Title 8, Chapter 5 and Title 9, Chapter 4. Fiscal Summary for *HB2427 / SB3463Increase State Expenditures - Up to $1,050,000 / One-Time $104,300 / Annual Amortized Cost Other Fiscal Impact - Increase Federal/Other Expenditures: Up to $350,000 / One-Time $34,700 / Annual Amortized Cost Bill Summary for *HB2427 / SB3463 This bill requires TCRS to divest investments made in companies that are actively engaged in commerce in Sudan, and to which at least one of the following conditions applies: (1) More than 10 percent of the company's revenues or assets linked to [...]

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Latest Actions
  • 04/16/2008 - Taken Off Notice For Calendar in Subcommittee Budget of Finance, Ways and Means of Finance, Ways & Means Committee
  • 04/09/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/16/2008
  • 04/02/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 4/16/2008
  • 03/26/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/02/2008
  • 01/30/2008 - Action Deferred in Subcommittee Budget of FW&M, Meeting cancelled

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Bill Text
File name Last Updated
HB2427 Bill Text PDF12/06/2007

Fiscal Notes
File name Last Updated
SB3463 Fiscal Notes PDF01/29/2008