Sacramento, California – Senate Bill 457, a measure introduced by Senator Anthony J. Portantino (D – La Canada Flintridge) and Senate Republican Leader Scott Wilk (R – Santa Clarita), passed the Senate Floor 35-0. The bill requires the Public Employees’ Retirement System (PERS) and the State Teachers’ Retirement System (STRS) Boards of Administration to allow school districts and cities to opt out of investment vehicles issued or owned by the Republic of Turkey.