The Arkansas House of Representatives on Monday voted to send to the governor a bill that would require the state treasurer and state and local government entities to divest certain investments with financial services providers on a list maintained by the state treasurer due to the use of environmental, social justice or governance-related metrics.
The Arkansas Senate on Monday approved a bill that would require the state treasurer and state and local government entities to divest certain investments with financial services providers on a list maintained by the state treasurer due to the use of environmental, social justice or governance-related metrics.
The executive director of the Arkansas Teacher Retirement System Clint Rhoden said Friday that he has submitted his resignation, citing personal reasons.
Officials at the Arkansas Public Employees Retirement System estimate the system could lose about $30 million to $40 million a year as a result of a bill that would require the state treasurer and public entities to divest certain investments with financial services providers on a list maintained by the state treasurer due to use of environmental, social justice or governance-related metrics.