Massachusetts H2591 mandates divestment of public pension funds from companies involved in ammunition and firearms manufacturing or retailing.

Massachusetts H2591 requires the state's public pension funds to divest from companies involved in ammunition and firearms manufacturing or retailing. The Pension Reserves Investment Management Board must identify these companies within 90 days of the bill's enactment. The public fund must then divest from these companies within 12 months. The bill defines scrutinized companies as those deriving over 15% of their revenue from ammunition, firearm, or firearm accessory sales or manufacturing.

Massachusetts H2591 mandates divestment of public pension funds from companies involved in ammunition and firearms manufacturing or retailing.

Massachusetts H2591 requires the state's public pension funds to divest from companies involved in ammunition and firearms manufacturing or retailing. The Pension Reserves Investment Management Board must identify these companies within 90 days of the bill's enactment. The public fund must then divest from these companies within 12 months. The bill defines scrutinized companies as those deriving over 15% of their revenue from ammunition, firearm, or firearm accessory sales or manufacturing.