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MA H4402

MA H4402
Requiring public pension fund divestment from ammunition and firearms


summary

Introduced
03/26/2018
In Committee
04/05/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to require the public pension fund to divest from ammunition and firearms. Public Service.

AI Summary

This bill requires the public pension fund in Massachusetts to divest from companies that manufacture or sell ammunition, firearms, or firearm accessories for non-law enforcement or non-military purposes. The bill defines key terms like "ammunition," "firearm," and "firearm accessory," and outlines the process for the public fund to identify and divest from these companies within 12 months. It also provides legal protections for the fund and its members from any potential liabilities related to the divestment. The bill requires the fund to report annually on its compliance with the divestment requirements.

Committee Categories

Labor and Employment

Sponsors (24)

Last Action

Accompanied a study order, see H4709 (on 07/09/2018)

bill text


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