Bill
Bill > S1735
MA S1735
Relative to pension divestment from companies selling weapons to the Kingdom of Saudi Arabia
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
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)
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/192/S1735 |
Bill | https://malegislature.gov/Bills/192/S1735.pdf |
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