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Virginia retirement system; investments in companies with elected official interests. Prohibits investments by the Virginia Retirement System and local retirement systems in (i) companies with a majority ownership interest held by those holding elected federal positions or (ii) in investment funds with holdings of such companies in their portfolios on and after January 1, 2027, unless such investments or holdings are held in a blind trust established pursuant to federal law.
Introduced
Jan 13, 2026
Last Action
Jan 28, 2026
Session
VA 2026
Sponsors
1 primary · 0 co
Passed by indefinitely in Finance and Appropriations (13-Y 0-N)
Fiscal Impact Statement from Virginia Retirement System (SB507)
Prefiled and ordered printed; Offered 01-14-2026 26104876D
Referred to Committee on Finance and Appropriations
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Passed by indefinitely in Finance and Appropriations (13-Y 0-N)
Jeremy S. McPike