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Bill > S1735


MA S1735

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


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation 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 to divest, within 60 days, all stocks, securities, and other obligations from companies that are selling weapons to the Kingdom of Saudi Arabia, unless the company announces within 30 days that it will not renew or enter into new contracts for weapon sales to Saudi Arabia. The Pension Reserves Investment Trust Fund is the state pension fund that this divestment applies to.

Committee Categories

Labor and Employment

Sponsors (3)

Last Action

Accompanied a study order, see S2679 (on 02/10/2022)

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