HB346

Providing for the protection of public investment from global risks, for duties of public funds and for an annual report.

Introduced·1/27/25
Introduced Text

Pennsylvania HB346 mandates public fund managers to consider geopolitical risks in investment decisions and requires annual reporting on foreign.

Pennsylvania HB346 requires fund managers to adopt an investment policy that includes criteria for assessing geopolitical risks, such as supply chain disruptions and international conflicts, when making investment decisions. Fund managers must consider these risks when investing in assets with substantial economic ties to foreign countries. The bill also mandates an annual report detailing the public fund's foreign investments, to be published on the fund's website by December 31 each year.

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

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Where it stands

Current
Intergovernmental Affairs and Operations Committee
Next
Committee decision

Sponsors

0
4
RRRR
Democratic CaucusRepublican Caucus

History

Jan 27, 2025

House

Referred to Intergovernmental Affairs & Operations