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Bill > H2349


MA H2349

MA H2349
Relative to pension divestment from companies selling weapons to the Kingdom of Saudi Arabia


summary

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

Introduced Session

191st General Court

Bill Summary

Relative to pension divestment from companies selling weapons to the Kingdom of Saudi Arabia. Public Service.

AI Summary

This bill requires the Pension Reserves Investment Management Board, which manages the Pension Reserves Investment Trust Fund, to divest from any companies selling weapons to the Kingdom of Saudi Arabia within 60 days, unless the company announces it will not renew or enter into new weapon sales contracts with Saudi Arabia within 30 days of the bill's effective date. The bill is declared an emergency law necessary for the immediate preservation of the public convenience.

Committee Categories

Labor and Employment

Sponsors (20)

Last Action

Accompanied a study order, see H4722 (on 05/20/2020)

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