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Missouri House Bill 1668 Prohibits State Funds from Investing in Foreign Adversaries and Requires Total Divestment Within Two Years

Original title: DIVESTMENT FROM FOREIGN ADVERSARIES

Last action · May 15, 2026: Referred: Emerging Issues(H)Sponsor: Brian Seitz

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

House Bill 1668 prohibits state and local government entities, including public pension funds and university endowments, from holding investments or depositing public funds in companies, enterprises, or banks tied to foreign adversaries. s must achieve total —reducing prohibited holdings to no more than 0.05% of assets under management—within two years of the act's effective date. The state treasurer is required to compile and distribute a restricted list of such companies within six months.

Why it matters

Public pension funds, local government investment pools, and public university endowments must audit their portfolios and sell off holdings linked to designated foreign adversaries, altering investment strategies for state-managed assets over a two-year compliance window.

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

state-managed funds

State-managed funds, including pension funds and university endowments, are prohibited from holding investments in foreign adversaries and must divest within two years.

Directly affected

state treasurer

The state treasurer must identify and list restricted companies within six months of the effective date and distribute the list to state-managed funds.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What funds are covered by the divestment requirement?
Covered funds include public pension funds, public retirement funds, city and county investment and reserve funds, and university or college endowments and trusts that constitute public investable assets.
What is the deadline for full divestment?
Total must be achieved two years after the effective date of the section.
Who is responsible for identifying the restricted companies?
The state treasurer is required to identify restricted companies and provide a list to each within six months of the effective date.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

4 actions
  1. May 15, 2026HouseCommittee
    Referred: Emerging Issues(H)
  2. Jan 8, 2026HouseFloor
    Read Second Time (H)
  3. Jan 7, 2026HouseIntroduced
    Read First Time (H)
  4. Dec 1, 2025HouseIntroduced
    Prefiled (H)

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Mandatory Divestment of Public Funds from Foreign Adversaries

The bill introduces a strict statutory requirement forcing all state-managed investment funds, pensions, and public university endowments to completely sever financial ties with entities linked to designated foreign adversaries within a two-year window.

Connected Entities

Office of Foreign Assets Control of the United States Department of the Treasury, State of Missouri
OrganizationOffice of Foreign Assets Control of the United States Department of the Treasury“Publisher of the Specially Designated Nationals and Blocked Persons List”Map →
locationState of Missouri“Jurisdiction overseeing state-managed funds”Map →

Sources

Analysis Score

0–100
  • Significance75
    How much this matters to a regular citizen
  • Controversy65
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz40
    Current news / social attention level

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