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Bill > S1648


MA S1648

MA S1648
Relative to responsible corporate investments


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation relative to responsible corporate investments. Public Service.

AI Summary

This bill amends Massachusetts General Law Chapter 32 to prohibit the state employees retirement system, the teachers retirement system, and all county, city, and town contributions retirement systems from investing or contributing funds, directly or indirectly, to investment vehicles or funds controlled or managed by financial institutions or investment companies that are headquartered in, or have officers or principals residing in, a state that has prohibited its state treasurer, retirement systems, or public pension funds from investing with financial institutions or investment companies that utilize environmental, social, and corporate (ESG) policies.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Accompanied a study order, see S2610 (on 02/08/2024)

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/193/S1648
BillText https://malegislature.gov/Bills/193/S1648.pdf
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