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Bill > H1267


MA H1267

Promoting responsible investment and the prevention of genocide


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to the investment of funds in certain institutions engaged in the manufacture, distribution or sale of firearms and weapons. Public Safety and Homeland Security.

AI Summary

This bill aims to promote responsible investment and prevent genocide. It would prohibit the Commonwealth of Massachusetts from consenting to trade agreements with nations where genocide is occurring, as declared by the Commonwealth, the United States, or the United Nations. The bill also requires the executive director of the international trade office to annually assess international trading partners with a history of genocide or suspected genocide, and to prioritize trading with nations that have taken affirmative steps to acknowledge and address prior acts of genocide within their borders. Additionally, the bill restricts the investment of public pension funds in banks, financial institutions, and companies involved in the manufacture, distribution, or sale of firearms, munitions, and other military equipment for use in countries where genocide is occurring.

Committee Categories

Justice

Sponsors (7)

Last Action

Accompanied a study order, see H4767 (on 07/17/2018)

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