Public Trusts Pledge Prohibition Act

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Model Bill Info
Bill Title Public Trusts Pledge Prohibition Act
Date Introduced July 27, 2023
Date Finalized August 28, 2023
Type Model Policy
Status Final
Task Forces Tax and Fiscal Policy
Keywords Pension Reform

Public Trusts Pledge Prohibition Act

Section A: Addition to current statutes governing state agency duties [Bracketed portions may be adjusted for the needs of each state]

Nongovernmental agreements a. Except as otherwise provided in statute, all state and local treasury funds and public retirement systems are prohibited from signing, joining, or promoting policy agreements, resolutions, or proclamations issued or promoted by nongovernmental organizations.