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Ch. 39
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Martin O'Malley, Governor
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SECTION 2. 3. AND BE IT FURTHER ENACTED, That, subject to the
provisions of Section 2 of this Act, this Act shall take effect July 1, 2007.
Approved by the Governor, April 10, 2007.
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CHAPTER 40
(House Bill 1336)
AN ACT concerning
2007 Darfur Protection Act - Divestiture from the Republic of Sudan
FOR the purpose of requiring the Board of Trustees of the State Retirement and
Pension System to review certain investment holdings; requiring the Board of
Trustees to encourage certain companies to take certain actions; requiring the
Board of Trustees to provide written notice to certain companies; authorizing
the Board of Trustees to take divestment action with regard to certain
investments; prohibiting the Board of Trustees from acquiring certain
securities; requiring the Board of Trustees to take certain issues into account
prior to taking certain actions; requiring the Board of Trustees to publish
certain reports containing certain information on or before a certain date;
defining certain terms; providing for the termination of this Act under certain
circumstances; and generally relating to the divestment of investments from the
Republic of Sudan.
BY adding to
Article - State Personnel and Pensions
Section 21-123.1
Annotated Code of Maryland
(2004 Replacement Volume and 2006 Supplement)
Preamble
WHEREAS, On September 9, 2004, Secretary of State Colin L. Powell told the
United States Senate Foreign Relations Committee that "genocide has occurred and
may still be occurring in Darfur" and "the Government of Sudan and the Janjaweed
bear responsibility"; and
WHEREAS, On September 21, 2004, addressing the United Nations General
Assembly, President George W. Bush affirmed the Secretary of State's finding and
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- 841 -
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