Bill

Bill > H44


MA H44

Ensuring investment equality


summary

Introduced
01/22/2019
In Committee
02/24/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

So much of the recommendations of the Department of the State Treasurer (House, No. 27) as relates to ensuring investment equality. Public Service.

AI Summary

This bill amends Section 23 of Chapter 32 of the General Laws to require that public pension funds in Massachusetts be invested as part of a process that considers a set of potential investments that includes both woman-owned businesses and businesses owned by underrepresented people of color. This change aims to ensure investment equality and promote greater diversity and inclusion in the allocation of public funds.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (0)

No sponsors listed

Last Action

Bill reported favorably by committee and referred to the committee on House Ways and Means (on 02/24/2020)

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