S.42

An act relating to divestment of State pension funds of investments in the fossil fuel industry

Sponsors: Sen. Kesha Ram Hinsdale , Sen. Alison Clarkson, Sen. Ruth Hardy, Sen. Richard McCormack, Sen. Andrew Perchlik, Sen. Tanya Vyhovsky, Sen. Anne Watson, Sen. Rebecca White

Location: House Committee on Government Operations and Military Affairs

Last Recorded Action: 4/4/2023 - Read first time and referred to the Committee on Government Operations and Military Affairs

Committee Activity - Meeting Full List

Regular Session 2023-2024

Tuesday, January 31, 2023

Committee(s):

Senate Committee on Government Operations

3:20 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel

Thursday, February 16, 2023

Committee(s):

Senate Committee on Government Operations

2:30 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Thomas Golonka, Chair, Vermont Pension Investment Commission
Eric Henry, Chief Investment Officer, Vermont Pension Investment Commission
Gavin Boyles, Deputy Treasurer, Office of the State Treasurer
Ashlynn Doyon, Director of Financial Literacy, Outreach, and Special Projects, Office of the State Treasurer
Anna Petrini, Project Manager, Employment, Labor, and Retirement Program, National Conference of State Legislatures
David Provost, Executive Vice President, Office of Finance and Administration, Middlebury College

Friday, March 3, 2023

Committee(s):

Senate Committee on Government Operations

2:05 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Walk-through of New Amendment

Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel

2:20 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Michael Pieciak, Vermont State Treasurer, Office of the State Treasurer
Eric Henry, Chief Investment Officer, Vermont Pension Investment Commission
Jeff Fannon, Executive Director, Vermont National Education Association
Steve Howard, Executive Director, Vermont State Employees Association
Katie Green, Investments Manager, Office of the State Treasurer
Bill McKibben, Founder, Third Act Vermont
Tom Sanzillo, Director of Financial Analysis, Institute for Energy Economics and Financial Analysis
Steve Crofter, Retired Teacher
David McColgin, Member, Third Act Vermont
Gavin Boyles, Deputy Treasurer, Office of the State Treasurer

Tuesday, March 14, 2023

Committee(s):

Senate Committee on Government Operations

3:30 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Mark-up and Discussion

Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Michael Pieciak, Vermont State Treasurer, Office of the State Treasurer
David McColgin, Member, Third Act Vermont
Thomas Golonka, Chair, Vermont Pension Investment Commission
Eric Henry, Chief Investment Officer, Vermont Pension Investment Commission

Thursday, March 16, 2023

Committee(s):

Senate Committee on Government Operations

2:20 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Mark-up and Vote

Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Thomas Golonka, Chair, Vermont Pension Investment Commission
Michael Pieciak, Vermont State Treasurer, Office of the State Treasurer
David McColgin, Member, Third Act Vermont

Friday, March 17, 2023

Committee(s):

Senate Committee on Government Operations

12:30 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Vote

Wednesday, March 22, 2023

Committee(s):

Senate Committee on Appropriations

3:30 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Committee Discussion and Vote

Michael Pieciak, Vermont State Treasurer, Office of the State Treasurer
Ashlynn Doyon, Director of Policy, Office of the State Treasurer
Rebecca Wasserman, Legislative Council

Thursday, March 23, 2023

Committee(s):

Senate Committee on Appropriations

2:20 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Vote

Friday, April 7, 2023

Committee(s):

House Committee on Government Operations and Military Affairs

1:15 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Introduction and walk-through

Sen. Alison Clarkson, Reporter and Sponsor
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel

Tuesday, April 18, 2023

Committee(s):

House Committee on Government Operations and Military Affairs

2:30 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Chris Rupe, Fiscal Analyst, Joint Fiscal Office

Wednesday, April 19, 2023

Committee(s):

House Committee on Government Operations and Military Affairs

9:00 AM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Michael Pieciak, Vermont State Treasurer, Office of the State Treasurer
Thomas Golonka, Chair, Vermont Pension Investment Commission

3:00 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Bill McKibben, Founder, Third Act

Thursday, April 27, 2023

Committee(s):

House Committee on Government Operations and Military Affairs

10:50 AM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Katie Green, Investments Manager, Office of the State Treasurer
Tom Sanzillo, Director of Financial Analysis, Institute for Energy Economics and Financial Analysis
Steve Crofter, Retired Teacher

2:42 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Committee discussion

Thursday, April 11, 2024

Committee(s):

House Committee on Government Operations and Military Affairs

9:00 AM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Testimony

Beth Pearce, Former Vermont State Treasurer
Michael Pieciak, Vermont State Treasurer, Office of the State Treasurer
David McColgin, Member, Third Act Vermont
Francie Marbury, Pension Holder, Educator, Formal Principal, Third Act Vermont
Patrick Flood, Pension Holder, Former Deputy Director of Human Services, Third Act Vermont

11:00 AM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Walk-through and testimony

Rik Sehgal, Legislative Counsel, Office of Legislative Counsel
Eric Henry, Chief Investment Officer, Vermont Pension Investment Commission

Tuesday, April 16, 2024

Committee(s):

House Committee on Government Operations and Military Affairs

1:35 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Testimony

Eric Henry, Chief Investment Officer, Vermont Pension Investment Commission
Thomas Golonka, Chair, Vermont Pension Investment Commission
Christopher Dube, Chair, Vermont Municipal Employees' Retirement System
Jon Harris, Chair, Vermont State Teachers Retirement System Board
Eric Davis, Vice Chair, Vermont State Employees Retirement System Board
Jeff Fannon, Executive Director, Vermont National Education Association

3:00 PM

S.42 - An act relating to divestment of State pension funds of investments in the fossil fuel industry

Continued