States / Virginia / SB 507

SB 507 In Committee

Virginia retirement systems; investments in companies with elected official interests.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
Senate
Introduced
Jan 13, 2026
Last action
Jan 28, 2026 — Passed by indefinitely in Finance and Appropriations (13-Y 0-N)
Session
2026
Momentum
28 · Low