Creates the "Foreign Adversary Divestment Act", requiring the state and local government entities to divest from investments in foreign adversaries

Summary

The bill would prohibit Missouri’s public pension plans, municipal investment accounts, and university endowments from holding any stock, bonds, or deposits in companies or banks linked to nations on the U.S. Treasury’s Specially Designated Nationals list. It forces these funds to start selling prohibited holdings immediately and to reduce them to essentially zero within two years, with the state treasurer supplying a list of restricted entities.

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