- Legislation
- SB 86
- Status
- In Effect
- In Effect Since
- March 2016
- Type(s)
- Anti-boycott, State Contracts, State Investments
- Full Text
- Read SB 86
This anti-boycott law prohibits state contracts with and state investment in companies, including sole proprietorships, that boycott Israel or persons or entities doing business in Israel or territories it occupies. The law requires the creation of a blacklist of companies engaged in prohibited boycotts. Public funds are prohibited from investing in blacklisted entities. State agencies and local governing authorities may not enter into contracts worth $1,000,000 or more with blacklisted companies. Contractors must provide written certification that they are not engaging in prohibited boycotts. The penalty for false certification is the greater of $2 million or twice the amount of the contract in addition to a 3-year ban on bidding. Related Bills: HB 527, HB 199.