Bill
Bill > S1723
summary
Introduced
02/16/2023
02/16/2023
In Committee
03/07/2024
03/07/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
For legislation to authorize independent retirement boards to divest from fossil fuel companies. Public Service.
AI Summary
This bill authorizes independent retirement boards in Massachusetts, except for the state employees, state teachers, and Boston teachers' retirement systems, to divest from fossil fuel companies. It defines "independent retirement system" and "fossil fuel company" for the purposes of this legislation. The bill exempts these retirement boards from any conflicting statutory or common law obligations when taking actions to comply with this law, and it states that the bill will take effect upon its passage.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (4)
Last Action
No further action taken (on 12/31/2024)
Bill Topics
Energy
- ‐ Coal
- ‐ Natural Gas and Oil
Labor and Employment
- ‐ Employee Benefits
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/S1723 | 03/11/2023 |
| BillText | https://malegislature.gov/Bills/193/S1723.pdf | 03/11/2023 |
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