Prevents state entities and public retirement systems from taking boycott-based adverse actions without legislative authorization.

New York Assembly Bill A10970 amends the state finance law to prohibit affected state entities and public retirement systems from taking any boycott-based adverse action or compiling lists of entities for such actions, unless expressly authorized by the legislature. The bill defines "boycott-based adverse action" as actions to divest funds, deny state contracts, or disqualify entities from bidding on contracts based on participation in a political boycott.

Prevents state entities and public retirement systems from taking boycott-based adverse actions without legislative authorization.

New York Assembly Bill A10970 amends the state finance law to prohibit affected state entities and public retirement systems from taking any boycott-based adverse action or compiling lists of entities for such actions, unless expressly authorized by the legislature. The bill defines "boycott-based adverse action" as actions to divest funds, deny state contracts, or disqualify entities from bidding on contracts based on participation in a political boycott.