SB579

Investments; prohibiting certain funds from being invested with certain entities and certain governments. Effective date.

Introduced·2/3/25
Int Text

Oklahoma SB579 prohibits investments in Chinese government and entities by state funds and certain retirement systems.

Oklahoma SB579 amends the state's investment laws to prohibit public funds and certain retirement systems from investing in the government of China, any political subdivision of China, or any corporation headquartered or operating primarily in China. The bill updates statutory language and references, and it includes provisions for the State Treasurer to appoint an investment officer and develop written investment policies. The act becomes effective November 1, 2025.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Revenue and Taxation Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

History

Feb 4, 2025

Senate

Second Reading referred to Revenue and Taxation

Feb 3, 2025

Senate

First Reading

Feb 3, 2025

Senate

Authored by Senator Bergstrom