MA H43

Bill

Requiring public pension fund divestment from ammunition and firearms

Introduced
04/13/2021

In Committee
04/13/2021

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

So much of the recommendations of the Department of the State Treasurer (House, No. 25) as relates to requiring public pension fund divestment from ammunition and firearms. Public Service.

AI Summary

This bill requires public pension funds in Massachusetts to divest from companies that manufacture or sell ammunition, firearms, or firearm accessories for non-law enforcement or non-military purposes. The bill defines key terms like "ammunition", "firearm", and "firearm accessory", and outlines the process for the pension fund to identify and divest from these companies within 12 months. The bill also provides protection from liability for the pension fund's decision-makers and requires annual reporting on the divestment process. The goal of the bill is to restrict public pension fund investments in the firearms and ammunition industry.

Committee Categories

Labor and Employment

Sponsors (0)

No sponsors listed

Last Action

Accompanied a study order, see H5206 (on 09/12/2022)

Official Document

https://malegislature.gov/Bills/192/H43

(10 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H43
Bill	https://malegislature.gov/Bills/192/H43.pdf

Bill	Bill Name	Last Action	Type
H26	Modernizing the Massachusetts alcohol laws	Accompanied a new draft, see H4587	Similar To
H27	Authorizing charity alcohol auctions	Accompanied a study order, see H4880	Similar To
H3909	Authorizing certain investments by the treasurer of the town of Groton	Signed by the Governor, Chapter 28 of the Acts of 2022	Similar To
H3970	Providing for the appointment of a treasurer/collector in the town of Rehoboth	Signed by the Governor, Chapter 101 of the Acts of 2021	Similar To
H5206	Study Order	No further action taken	Replaced by
S1355	Authorizing the investment of trust funds benefiting the town of Sherborn library	Signed by the Governor, Chapter 336 of the Acts of 2022	Similar To
S1364	Authorizing certain investments by the Treasurer of the town of Milton	Signed by the Governor, Chapter 60 of the Acts of 2021	Similar To
S203	Establishing an online lottery	Accompanied a study order, see S2666	Similar To
S2031	Advancing taxpayers' right to know	Accompanied a new draft, see S2828	Similar To
S2518	Authorizing the treasurer of the town of Middleborough to pay from available funds to Middleborough High School students, parents or guardians amounts paid but not reimbursed for the costs of the 2020 senior trip	Signed by the Governor, Chapter 226 of the Acts of 2022	Similar To

Bill > H43

MA H43

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Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (0)

Last Action

Official Document

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