New Jersey A595 prioritizes investment of State pension funds in in-state infrastructure projects over out-of-state projects.
New Jersey A595 mandates that the Director of the Division of Investment prioritize investments in in-state infrastructure projects over comparable out-of-state projects. This applies to any pension or annuity fund under the division's jurisdiction. The bill defines "infrastructure" to include utilities, energy, transportation, airports, environmental, technological, and educational infrastructure. This act takes effect immediately.
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