Wednesday, February 18, 2009

Sudan Divestment Bill Scheduled for Hearing

On Tuesday, February 24, between 8 and 10 AM, the House State Affairs Committee will discuss House Bill 92 and determine whether or not it will continue its journey toward enactment or die in this Committee. Backed by Governor Palin and members of both parties, this year's Sudan Divestment legislation is more palatable to the state's investment advisers. Even Permanent Fund Executive Director Mike Burns, who testified against divestment legislation last year, told the Juneau Empire that "he'll recommend to the trustees that they no longer oppose the [Sudan Divestment] bills." This is great news and we offer our gratitude to Mr. Burns.

Click here to read more about this year's legislation and the change of heart its fostering in our investment advisers. Then, please call the State Affairs Committee members listed below (and your state representative) to voice your support of the legislation. And, if you're in Juneau on the 24th, attend the hearing and SHOW your support!

Committee Number: 465-4963
Bob Lynn, Chair: 465-4931
Paul Seaton, Vice-Chair: 465-2689
Carl Gatto: 465-3743
Craig Johnson: 465-4993
Peggy Wilson: 465-3824
Max Gruenberg: 465-4940
Pete Petersen: 465-4939