New Jersey S326 mandates a review of pension and annuity fund assets for investments in foreign companies tied to adversaries.
New Jersey S326 requires the State Division of Investment to review pension and annuity fund assets to determine the extent of investments in foreign companies with ties to foreign adversaries. The review must exclude companies providing humanitarian aid through non-governmental organizations. The Director of the Division of Investment must submit a report to the Governor, the Legislature, and the State Investment Council within six months of the bill's effective date, detailing any such investments and recommending whether the State should divest from these companies.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.