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  • NJ A925
  • Prohibits investment of pension and annuity funds by state in companies that boycott Isreal or Israeli businesses.*
In Committee
Crossed OverPassedSignedDead/Failed/Vetoed
2016-2017 Regular Session
This bill prohibits the investment of New Jersey public employee retirement funds in any company that boycotts, divests, or sanctions Israel or Israeli businesses. The bill does not apply to the activities of any company providing humanitarian aid to the Palestinian people through either a governmental or non-governmental organization. The bill requires the State Investment Council and the Director of the Division of Investment to take appropriate action to divest any investment held in violation of the prohibition. Progress reports by the division regarding these divestments are required by this bill. Illinois's legislature recently passed similar legislation restricting investment of its pension fund in companies that boycott Israel.
2nd Reading in the Assembly, Substituted by another Bill
Substituted by S1923 (1R)  (on 6/27/2016)
Date Chamber Action Description
6/27/2016 A Substituted by S1923 (1R)
6/16/2016 A Assembly Floor Amendment Passed (Johnson)
5/26/2016 A Assembly Substitution (Vainieri Huttle)
5/19/2016 A Reported out of Assembly Committee, 2nd Reading
5/19/2016 Assembly State and Local Government Hearing (14:00 5/19/2016 Committee Room 13, 4th Floor)
1/27/2016 A Introduced, Referred to Assembly State and Local Government Committee
Date Motion Yea Nay Other
Detail 5/19/2016 Assembly State and Local Government Committee: Reported Favorably 3 0 2