New Jersey S2283 prohibits state pension and annuity funds from investing in companies that manufacture, import, or sell assault firearms for.
New Jersey S2283 prohibits the state from investing pension and annuity funds in companies that manufacture, import, or sell assault firearms for civilian use. The ban does not apply to companies that manufacture, import, or sell assault firearms for the exclusive use by nations' official military organizations and law enforcement agencies. The State Investment Council and the Division of Investment must divest from any such investments within three years of the law's effective date.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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