Arkansas Senate OKs divestment measure

Legislation calls for scrutiny, paring of state investments

Sen. Linda Chesterfield, D-Little Rock, asks a question about House Bill 1307, which would require public entities to divest holdings with financial service providers that discriminate against energy, fossil fuel, firearms or ammunition companies, during the Senate session on Monday at the state Capitol in Little Rock.

(Arkansas Democrat-Gazette/Thomas Metthe)
Sen. Linda Chesterfield, D-Little Rock, asks a question about House Bill 1307, which would require public entities to divest holdings with financial service providers that discriminate against energy, fossil fuel, firearms or ammunition companies, during the Senate session on Monday at the state Capitol in Little Rock. (Arkansas Democrat-Gazette/Thomas Metthe)

The Arkansas Senate on Monday approved a bill that would require the state treasurer and state and local government entities to divest certain investments with financial services providers on a list maintained by the state treasurer due to the use of environmental, social justice or governance-related metrics.

The

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