OKLAHOMA CITY (March 20th) – Rep. Terry O'Donnell, R-Catoosa, today passed a bill in the House designed to continue protections of state pension funds from strategies that would be harmful to the state's energy industry.
House Bill 2547 would prevent any state-run pension fund from delegating its votes by proxy to entities that do not subscribe to Oklahoma's investment strategy as outlined in the measure. The bill is a follow-up to legislation co-authored by O'Donnell last year that restricts the investment of Oklahoma pension funds by firms that adopt strategies akin to Environmental Social Governance (ESG).
Read more »by Muskogee Politico - March 21, 2023 at 01:53PM
Bill protecting state pensions from ESG policies passes State House
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