The Maine Senate voted unanimously today to enact a bill requiring the Maine State Retirement System to divest its holdings from the Darfur region in Sudan. The retirement system has invested about $50 million of its $9 billion portfolio in Sudan. The bill only needs to be signed by the Governor to become law. The Gov has already announced his intention to sign the bill.
LD 1758 was sponsored by Portland's senator Ethan Strimling. Once this bill is signed into law, Maine will become the sixth state in the nation to divest holdings from the war-torn African country Sudan. Twelve other states have or will introduce similar bills.