New York A02160 mandates divestment of public funds from the Russian energy sector.

New York A02160 requires divestment of public funds from entities involved in the Russian energy sector. This includes companies providing goods or services worth $20 million or more in Russia's energy sector, such as oil or liquefied natural gas tankers, or financial institutions extending $20 million or more in credit for 45 days or more. The bill mandates that state agencies and public authorities cannot contract with these entities unless they certify they are not engaged in such activities.

New York A02160 mandates divestment of public funds from the Russian energy sector.

New York A02160 requires divestment of public funds from entities involved in the Russian energy sector. This includes companies providing goods or services worth $20 million or more in Russia's energy sector, such as oil or liquefied natural gas tankers, or financial institutions extending $20 million or more in credit for 45 days or more. The bill mandates that state agencies and public authorities cannot contract with these entities unless they certify they are not engaged in such activities.