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HB 987 is an anti-boycott bill related to vacation rentals and specifically targeted AirBnB following the company’s decision to delist certain rental properties located in illegal Israeli settlements. The bill preempts local regulations of vacation rentals; a subsequent amendment prevents vacation rentals on the state’s anti-boycott blacklist from benefiting from the bill. Florida had added AirBnB to its blacklist of entities prohibited from benefiting from state investment over the company’s settlement delisting decision. AirBnB reversed its delisting decision in April 2019 and was removed from Florida’s blacklist.

This anti-boycott bill prohibits state agencies from contracting with or investing in any person or business that promotes or engages in boycotts of “allied nations,” including Israel and territories it occupies.

This anti-boycott law prohibits the Arkansas Local Police and Fire Retirement System from taking into account whether a fund, company, or other investment vehicle is in Israel when making investment decisions.

This anti-boycott law prohibits the Arkansas Judicial Retirement System from taking into account whether a fund, company, or other investment vehicle is in Israel when making investment decisions.

This anti-boycott law prohibits the State Police Retirement Fund from taking into account whether a fund, company, or other investment vehicle is in Israel when making investment decisions.

This anti-boycott law prohibits the Arkansas Teacher Retirement System from taking into account whether a fund, company, or other investment vehicle is in Israel when making investment decisions.

This anti-boycott law prohibits the local policemen’s and firemen’s pension and relief fund from taking into account whether a fund, company, or other investment vehicle is in Israel when making investment decisions.

This anti-boycott law prohibits the Arkansas State Highway Employees’ Retirement System Fund from taking into account whether a fund, company, or other investment vehicle is in Israel when making investment decisions.

This anti-boycott law prohibits the Arkansas Public Employees’ Retirement System from taking into account whether a fund, company, or other investment vehicle is in Israel when making investment decisions.

This anti-boycott law prohibits state contracts with entities that boycott Israel. Contractors must provide a written certification that they are not and will not engage in boycotts for the duration of the contract. It excludes contracts worth less than $15,000 or contractors who bid at least 20% less than other bidders.