Texas legislators introduced a bill in the state House and Senate...

Texas legislators introduced a bill in the state House and Senate calling for the targeted divestment of state pension assets invested in companies doing business with the Sudanese government. Jeremy Warren, a spokesman for state Sen. Rodney Ellis, one of the sponsors of the legislation, said that under the bill, companies identified as doing business with the Sudanese government would be sent a written notice by the $100 billion Teacher Retirement System of Texas and $24 billion Employees Retirement System of Texas, asking them to clarify their Sudan-related activities and warning they have 90 days to cease or convert those operations or face divestment by the two pension funds. The two state funds have between $10 million and $100 million in Sudan-related investments, Mr. Warren said, adding the exact amount is being determined.