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Other States Copying Steelman Initiative | Missouri Political News Service

Other States Copying Steelman Initiative

July 30th, 2007 by mopns · No Comments

By Michael O’Brien

Over the past few years, U.S. states have been a caldron of innovation on the topic. In Missouri, State Treasurer Sarah Steelman, a Republican, has undertaken an effort to cleanse the state’s pension funds of investments in any company doing business in a terrorist-sponsoring state. And this fall, Steelman will roll out the first terror-free 529 college-savings plan.

“Americans are looking for a way to participate in protecting our nation,” Steelman says. “This is a way of giving the people the power to take action through their own investments.”

Since Missouri’s efforts, a number of other states have passed legislation to review their own state investments. Read more…

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