New York A01516 prohibits investments in companies boycotting Israel, Iran-restricted, or Sudan-restricted companies.
New York A01516 prohibits the investment of public pension funds in companies boycotting Israel, Iran-restricted, or Sudan-restricted companies. It requires the creation of an exclusion list of such companies and mandates divestment from these companies. It also prohibits these companies from contracting with the state. The bill defines "boycott Israel," "Iran-restricted company," and "Sudan-restricted company.
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