SAN DIEGO (CNS) - A San Diego state legislator and two other Assembly members Monday introduced a bill that would require California's pension funds to divest from companies involved in building the border wall championed by President Donald Trump.
Assembly Bill 946 - the Resist the Wall Act - was co-authored by Assemblywoman Lorena Gonzalez Fletcher, D-San Diego, and Assemblymen Phil Ting, D-San Francisco, and Eduardo Garcia, D-Coachella.
"The state's contracting and investment practices should reflect the values of our state," said Gonzalez Fletcher. "It's clear the people of California don't want to invest in the hateful values that the Trump wall represents."
Ting called the wall that would separate the U.S. and Mexico a "Wall of Shame."
Garcia said, "It is counterproductive to invest in projects that will not serve the best interest of all Californians."
The bill would require the California Public Employee Retirement System and the California State Teachers Retirement System to liquidate within one year any investments in companies involved in the construction of the wall. The funds are the two largest of their type in the U.S.
The pension funds would also be required to report to the Legislatureand the governor by Jan. 1, 2019, with a list of companies from which they have liquidated investments or plan to do so.
More than 600 companies from around the country have expressed interest in taking part in wall construction, having responded to a solicitation from the federal government, according to multiple news reports.
Among them are KBR, U.S. Concrete, Fluor and Martin Marietta, all publicly traded. Roughly 20 interested firms are located in the San Diego area.
The Berkeley City Council last week voted to stop doing business with companies working on the wall, while reports indicate that officials in Oakland are considering a similar move.
More than 100 people staged a "die in" and held a candlelight vigil Tuesday outside UC San Diego Medical Center in Hillcrest to protest the Senate Republican health care bill.
Two people were killed Tuesday afternoon in a head-on collision between a car and a pickup truck on a rural North County road.
The agency in charge of U.S. border security plans to start building prototypes for President Donald Trump's proposed wall with Mexico later this summer.
Whether it's a trip to the beach or a dip in the pool, swimming is a great way to beat the heat. The Nurse Practitioners at CVS Minute Clinic said taking the plunge can sometimes leave you with a painful infection.
A San Diego sailor who recently returned home was surprised by a big announcement by his wife who kept a big secret while he was deployed.
It's not just people who need to stay cool during the long, hot summer days.
Our pets need special care to prevent potentially dangerous overheating.
News 8's Shawn Styles has some tips on keeping your furry friends comfortable during triple-digit days.
A replacement for the former Chargers Blood Drive was announced Tuesday by the San Diego Blood Bank.
A wildfire spread over an open, hilly area near Sycuan Casino Tuesday, blackening about 25 acres but posing no structural threats.
A Pacific Beach man is asking San Diegans to be on the lookout for his prized possession - a 1958 Buick Special, which was stolen out of his garage.