1.1.................... moves to amend H.F. No. 111, the first engrossment, as follows:
1.2Page 1, line 16, after "traded" insert "debt and"
1.3Page 4, line 5, delete "unless" and insert "if"
1.4Page 4, line 6, delete "consistent" and insert "inconsistent"
1.5Page 4, line 7, delete "chair and vice-chair" and insert "executive director"
1.6Page 4, line 8, before the period insert ", and to the chairs of the legislative
1.7committees and divisions with jurisdiction over the State Board of Investment"
1.8Page 4, line 12, delete everything after "quarterly"
1.9Page 4, line 13, delete everything before the period
1.10Page 4, line 14, after the period insert "If the board determines that the divestment
1.11requirements of subdivision 4 are inconsistent with the board's fiduciary responsibilities
1.12with regard to certain scrutinized companies, the board must sponsor, cosponsor, or
1.13support shareholder resolutions requiring scrutinized companies in which the board owns
1.14equity securities to cease scrutinized business operations."
1.15Page 4, line 31, delete everything after "Reporting."
1.16Page 4, delete lines 32 and 33
1.17Page 4, line 34, delete "(b)"
1.18Page 4, line 35, before "chairs" insert "executive director of the Legislative
1.19Commission on Pensions and Retirement, and to the"
1.20Page 5, after line 32, insert:
1.21"EFFECTIVE DATE.This section is effective July 1, 2009."