Maryland HB1455 mandates divestment from Israeli investments and prohibits new investments in Israel by the State Retirement and Pension System.
Maryland HB1455 requires the Board of Trustees to divest from current Israeli investments in eligible accounts and prohibits new investments in Israel. It defines "Israel-restricted investments" as those in the Development Corporation for Israel, any security or asset associated with the government of Israel, or any agency, institution, or political subdivision of Israel. The Board of Trustees must act in good faith and may exclude divestment actions that cannot be executed for fair market value or greater.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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