summary
Introduced
01/22/2019
01/22/2019
In Committee
02/24/2020
02/24/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the investment of funds in certain institutions engaged in the manufacture, distribution or sale of firearms and weapons. Public Safety and Homeland Security.
AI Summary
This bill aims to promote responsible investment and prevent genocide. It amends existing laws to prohibit the Commonwealth from consenting to trade agreements with nations where genocide is occurring, as declared by the Commonwealth, the United States, or the United Nations. The bill also requires an annual assessment of international trading partners with a history of genocide, and prioritizes trade with nations that have taken affirmative action to acknowledge and address prior acts of genocide. Additionally, the bill restricts the investment of public pension funds in banks, financial institutions, or companies engaged in the manufacture, distribution, or sale of firearms, munitions, or military equipment for use in countries where genocide is ongoing.
Committee Categories
Budget and Finance, Justice
Sponsors (5)
Last Action
Bill reported favorably by committee and referred to the committee on House Ways and Means (on 02/24/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H2074 |
| Bill | https://malegislature.gov/Bills/191/H2074.pdf |
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