Virginia · 2025 Regular Session · Bill
HB 2529: Higher educational institutions, public; endowments; certain divestment practices prohibited.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 2529 is a bill introduced in the Virginia House on January 8, 2025. According to its official title, it concerns: Higher educational institutions, public; endowments; certain divestment practices prohibited. Primary sponsor: Mike Jones (Democratic). It lists 1 additional sponsor. Most recent recorded action (February 4, 2025): Left in Rules.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Public institutions of higher education; endowments; investment management; certain divestment practices prohibited. Prohibits any public institution of higher education or any affiliated foundation, investment management company, or other entity that is responsible for managing or investing endowment funds of the institution from establishing or implementing any policy or practice of divesting from all investments in any country or territory that is not the subject of an active sanctions program administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury.
Sponsors
Sponsors by party (alphabetical): Democratic 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mike Jones | Primary sponsor | Democratic | Senate | 15 |
| Dan Helmer | Co-sponsor | Democratic | House | 10 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Left in Rules
- Fiscal Impact Statement from Department of Planning and Budget (HB2529)
- Referred to Committee on Rules
- Prefiled and ordered printed; Offered 01-08-2025 25102939D