New York S01255 restricts state agencies from purchasing from or investing in companies boycotting Israel.

New York S01255 amends the state finance law to prohibit state agencies from entering into contracts with companies boycotting Israel. The bill defines "boycott Israel" as actions intended to penalize, inflict economic harm on, or limit commercial relations with Israel or companies based there. The commissioner of general services must compile a list of such companies, which will be considered non-responsive bidders. The bill also prohibits the investment of public funds in companies boycotting Israel. The comptroller must divest any such investments within three years.

New York S01255 restricts state agencies from purchasing from or investing in companies boycotting Israel.

New York S01255 amends the state finance law to prohibit state agencies from entering into contracts with companies boycotting Israel. The bill defines "boycott Israel" as actions intended to penalize, inflict economic harm on, or limit commercial relations with Israel or companies based there. The commissioner of general services must compile a list of such companies, which will be considered non-responsive bidders. The bill also prohibits the investment of public funds in companies boycotting Israel. The comptroller must divest any such investments within three years.