A bill already passed by the Mississippi House would have replaced the current board, which public employees elect, amid controversy over increased pension fund contributions.
The 2.5% excise tax would target private institutions in the state with endowments of at least $1 billion.
The Improving Corporate Governance Through Diversity Act would require issuers to disclose information on diversity at the director and executive levels.
Governor hopes to provide a ‘blueprint’ for other states looking to prohibit sustainable investing.
The Kansas bill, which has reached the governor, would reduce the state pension by $3.6 billion and cut its funded level by 10%, a fiscal analysis says.
Yale’s $41.4 billion endowment could be targeted by the city of New Haven if the proposed legislation passes.
Bipartisan legislation is intended to attract workers to fill state job vacancies.
Representatives reintroduce the Susan Muffley Act, which stalled in the Senate last year.
The proposed Securing Employee Retirement Returns Act aims to codify Trump-era anti-ESG rules.
