No cost stated

Supports a state bill to bar teacher and public employee pension funds from fossil fuel investments

The Board would adopt a resolution supporting Senate Bill 252, which would prohibit the State Teachers' Retirement System and the Public Employees' Retirement System from investing in fossil fuel companies. This is a legislative position and the text gives no dollar amount.

Plain-English summary written by AI from the official text. AI summary · amounts checked against official text

Action: Resolution or policy
Category: Governance & board business
Presented by: General Counsel
File: 23-1131 · agenda T.-170
Outcome: Adopted on the General Consent Report, May 24, 2023

Official text

Adoption by the Board of Education of Resolution No. 2223-0115 - Support Senate Bill No. 252 [Prohibit State Teachers' Retirement System (STRS) and Public Employees' Retirement System (PERS) Funds Investments - Fossil Fuel Companies]

History

Apr 26, 2023 Introduced As New Matter
May 24, 2023 Adopted on the General Consent Report

This is an independent project created to provide transparency to the OUSD Community, and is not affiliated with Oakland Unified District. All data used to create the Consent Report Tracker is made public by Legistar, OUSD's official platform for posting legislative records. Plain-English summaries are written by AI with narrow parameters based upon the official text of the reports. Read about how all this works.