Senate Bill 185 would divest California’s $500 billion pension funds, CalPERS and CalSTRS, from companies that generate at least half their revenue from coal mining. If these two massive funds were to divest from coal -- and eventually from all fossil fuels -- it would help undermine the huge power wielded by the fossil fuel industry and send powerful ripples for other pension funds to do the same. The Senate passed SB 185 on June 3. Now it's up to the Assembly. The first crucial hurdle is to get it by the Assembly Committee on Public Employees Retirement and Social Security. The Committee Hearing is Wednesday June 24.
Join us in Sacramento as we attend the Hearing which will determine if SB 185 goes on to a floor vote or dies in Committee.
You will have a chance to say your name, organization, & that you are there to support the bill. It is important to have a turnout to support this historic legislation.
To join contact Carla - firstname.lastname@example.org or 510-379-0532
For more information about SB 185 - here
1315 10th St
Sacramento, CA 95814
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