2007 Senate Bill 846 / 2008 Public Act 234

Ban government investments in companies doing business with terrorism nations

Introduced in the Senate

Oct. 25, 2007

Introduced by Sen. Cameron Brown (R-16)

To prohibit the investment of state pension and other funds in a company that engages in commerce in any form with a country cited by the U.S. State Department as a state sponsor of terrorism.

Referred to the Committee on Homeland Security and Emerging Technologies

Dec. 13, 2007

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Jan. 16, 2008

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Jan. 17, 2008

Passed in the Senate 36 to 0 (details)

Received in the House

Jan. 17, 2008

Referred to the Committee on Government Operations

June 26, 2008

Substitute offered by Rep. Marty Knollenberg (R-41)

The substitute passed by voice vote

Passed in the House 106 to 0 (details)

To prohibit the investment of state pension and other funds in a company that engages in commerce in any form with a country cited by the U.S. State Department as a state sponsor of terrorism.

Received in the Senate

June 28, 2008

Passed in the Senate 35 to 0 (details)

To concur with the House-passed version of the bill.

Signed by Gov. Jennifer Granholm

July 15, 2008