SB 69: Public Investments; to prohibit Board of Control of ERSA and TRSA from investing with restricted entities affiliated with Communist Chinese military companies
SB 69 prohibits the Board of Control for the Employees' Retirement System of Alabama (ERSA) and the Teachers' Retirement System of Alabama (TRSA) from investing public funds with certain entities. Specifically, it disallows investments with "restricted entities affiliated with Communist Chinese military companies." The bill requires these boards to create a list of such restricted entities by January 1, 2026, to guide future investment decisions.









