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AB 1439·CA·house

Public retirement systems: development projects: labor standards.

EnactedFiled Feb 21, 2025
Sponsor: Robert Garcia (D)
Latest Action

Chaptered by Secretary of State - Chapter 365, Statutes of 2026.

Sep 20, 2026

Summary

AB 1439 adds a new Government Code section that asks the University of California, Berkeley Labor Center to examine how well labor standards are protected in real‑estate and infrastructure projects funded by the Public Employees’ Retirement System (PERS) and the State Teachers’ Retirement System (STRS). The study must be completed and reported to the Legislature and the Department of Finance by Jan. 1, 2028. The bill aims to ensure pension investments support projects that treat workers fairly and benefit the state’s economy.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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