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Title	Key Dates	Nature of Action	ESG Category	Summary
H197: An act relating to divestment of State pension funds of investments in the fossil fuel industry	Introduced, but did not pass in 2024 legislative session	Legislation	Promote Divestment from Certain Industries	■ Requires the Vermont Pension Investment Commission to divest any assets of the Vermont State Employees’ Retirement System, the State Teachers’ Retirement System, and the Municipal Employees’ Retirement System that are invested in a fossil fuel company or affiliate on or before December 1, 2030 and prohibits any future investment in such companies.
S42: Divestment of State Pension Funds from Fossil Fuel Industry	Introduced, but did not pass in 2024 legislative session	Legislation	Promote Divestment from Certain Industries	■ Requires the Vermont Pension Investment Commission to review the assets of the Vermont State Employees’ Retirement System, the State Teachers’ Retirement System, and the Municipal Employees’ Retirement System to determine the extent to which they are invested in the fossil fuel industry, and divest the investments of these plans from the fossil fuel industry by December 31, 2030. Prohibits the Commission from investing the assets of these plans in the fossil fuel industry on or after July 1, 2031.
S251: Divestment of State Pension Funds from Fossil Fuel Companies	Introduced, but did not pass in the 2022 legislative session	Legislation	Promote Divestment from Certain Industries	■ Applies to the Vermont Pension Investment Commission, the Vermont State Teachers' Retirement System, the Vermont State Employees' Retirement System and the Vermont Municipal Employees' Retirement System. ■ Prohibits investment in the 200 publicly traded fossil fuel companies whose fossil fuel reserves have the largest potential carbon emissions. Requires divestment by January 1, 2025 from restricted companies.

Vermont

Past/Inactive Legislation

Contacts