- Legislation
- HB 16-1284
- Status
- In Effect
- In Effect Since
- March 2016
- Type(s)
- Anti-boycott, State Investments
- Full Text
- Read HB 16-1284
This anti-boycott law prohibits state investment by state retirement funds in companies that boycott Israel. The law calls on the public employees retirement association to create a blacklist of restricted companies and to divest from these companies. It defines restricted companies as those that engage in “actions that are politically motivated and are intended to penalize, inflict economic harm on, or otherwise limit commercial relations with the state of Israel, including, but not limited to, the boycott of, divestment from, or imposition of sanctions on the state of Israel.”