North Carolina Senate advances bill banning economically targeted investments
Fox News
The North Carolina Senate has advanced legislation banning state agencies and pension plans from screening potential investments based on environmental and social standards.
The bill advanced Wednesday through the Senate Pensions, Retirement and Aging Committee and must clear one more committee hurdle before it receives a floor vote for final approval.
An identical bill passed the Senate along party lines last month before legislative leaders opted to move forward with the House version, signaling legislative approval may be swift.
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