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Bill > H2434


MA H2434

MA H2434
Relative to the responsible corporate investments act


summary

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

Introduced Session

193rd General Court

Bill Summary

Relative to retirement system investments in certain corporations utilizing environmental, social, and corporate governance policies. Public Service.

AI Summary

This bill prohibits the state employees' retirement system, teachers' retirement system, and other local retirement systems from investing in financial institutions or investment companies that utilize environmental, social, and corporate governance (ESG) policies, if the state where the company is headquartered or its officers reside has prohibited its state treasurer, retirement systems, or public pension funds from investing with such companies.

Committee Categories

Labor and Employment

Sponsors (3)

Last Action

Accompanied a study order, see H4518 (on 04/04/2024)

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/H2434
BillText https://malegislature.gov/Bills/193/H2434.pdf
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