PRINTER'S NO. 622
No. 584 Session of 1989
INTRODUCED BY FISHER, SALVATORE, DAWIDA, HELFRICK, BODACK, STOUT, ANDREZESKI, PORTERFIELD, RHOADES AND FUMO, FEBRUARY 21, 1989
REFERRED TO FINANCE, FEBRUARY 21, 1989
AN ACT 1 Amending the act of February 17, 1906 (P.L.45, No.11), entitled 2 "An act to regulate the deposits of State funds, to prescribe 3 the method of selecting State depositories, to limit the 4 amount of State deposits, to provide for the security of such 5 deposits, to fix the rate of interest thereon, to provide for 6 the publication of monthly statements of moneys in the 7 general and sinking funds, to declare it a misdemeanor to 8 give or take anything of value for obtaining the same, and 9 prescribing penalties for violations of this act," further 10 providing limitations on investments in Northern Ireland. 11 The General Assembly of the Commonwealth of Pennsylvania 12 hereby enacts as follows: 13 Section 1. The act of February 17, 1906 (P.L.45, No.11), 14 entitled "An act to regulate the deposits of State funds, to 15 prescribe the method of selecting State depositories, to limit 16 the amount of State deposits, to provide for the security of 17 such deposits, to fix the rate of interest thereon, to provide 18 for the publication of monthly statements of moneys in the 19 general and sinking funds, to declare it a misdemeanor to give 20 or take anything of value for obtaining the same, and 21 prescribing penalties for violations of this act," is amended by
1 adding a section to read: 2 Section 3.1. Notwithstanding any other provision of law, to 3 be a depository of State funds, any moneys or assets on deposit 4 which shall be invested in the stocks, securities or other 5 obligations of any institution or company doing business in or 6 with Northern Ireland, or with agencies or instrumentalities 7 thereof, shall be invested in accordance with the provisions of 8 the subsection (c). 9 (a) On or before the first day of January of each year, the 10 State Treasurer shall determine the existence of affirmative 11 action taken by institutions or companies doing business in 12 Northern Ireland to eliminate ethnic or religious discrimination 13 based on actions taken for: 14 (b) Increasing the representation of individuals from 15 underrepresented religious groups in the work force including 16 managerial, supervisory, administrative, clerical and technical 17 jobs. 18 (c) Providing adequate security for the protection of 19 minority employes both at the workplace and while traveling to 20 and from work. 21 (d) The banning of provocative religious or political 22 emblems from the workplace. 23 (e) Publicly advertising all job openings and making special 24 recruitment efforts to attract applicants from underrepresented 25 religious groups. 26 (f) Providing that layoff, recall and termination procedures 27 should not in practice favor particular religious groupings. 28 (g) The abolition of job reservations, apprenticeship 29 restrictions and differential employment criteria, which 30 discriminate on the basis of religion or ethnic origin. 19890S0584B0622 - 2 -
1 (h) The development of training programs that will prepare 2 substantial number of current minority employes for skilled 3 jobs, including the expansion of existing programs and the 4 creation of new programs to train, upgrade and improve the 5 skills of minority employes. 6 (i) The establishment of procedures to assess, identify and 7 actively recruit minority employes with potential for further 8 advancement. 9 (j) The appointment of senior management staff members to 10 oversee affirmative action efforts and the setting up of 11 timetables to carry out affirmative action principles. 12 (c) Consistent with sound investment policy, the State 13 Treasurer shall insure that State depositories invest State 14 funds in the manner that the investments in institutions doing 15 business in or with Northern Ireland shall reflect the advances 16 made by the institutions in eliminating discrimination according 17 to the principles set forth in the second paragraph of this 18 section. 19 Section 2. This act shall take effect immediately. A25L72RZ/19890S0584B0622 - 3 -