Assembly Bill A3647

2013-2014 Legislative Session

Prohibits the investment of public pension funds in entities doing business in Sudan

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2013-A3647 (ACTIVE) - Details

Current Committee:
Assembly Governmental Employees
Law Section:
Retirement and Social Security Law
Laws Affected:
Add ยง177-e, R & SS L
Versions Introduced in Other Legislative Sessions:
2009-2010: A3806
2011-2012: A4183

2013-A3647 (ACTIVE) - Summary

Prohibits the investment of public pension funds in entities doing business in Sudan.

2013-A3647 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3647

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            January 28, 2013
                               ___________

Introduced  by  M. of A. CAMARA, KELLNER, RIVERA, MAISEL, JACOBS, JOHNS,
  DINOWITZ, JAFFEE, MILLMAN, SCARBOROUGH -- Multi-Sponsored by -- M.  of
  A.  COOK,  FINCH,  GIGLIO,  GLICK,  GOTTFRIED,  GUNTHER, HIKIND, KOLB,
  MARKEY, McDONOUGH, MILLER, NOLAN, O'DONNELL, PAULIN, ROBINSON,  ROSEN-
  THAL,  SWEENEY,  THIELE,  WEISENBERG  -- read once and referred to the
  Committee on Governmental Employees

AN ACT to amend the retirement and social security law, in  relation  to
  prohibiting the investment of public pension funds in any entity doing
  business in Sudan

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Legislative findings. The legislature  finds  and  declares
that:
  a.  It  is  deeply  concerned  over the poor human rights situation in
Sudan, calls for stepped-up international efforts to end the  crisis  in
Sudan's  Darfur  region  and concurs with United States policy which has
officially declared that genocide is ongoing in Sudan;
  b. Despite significant pressure from the United States government, the
government of Sudan has not taken all the necessary actions to  disasso-
ciate itself fully from its ties to terrorism;
  c.  The government of Sudan places severe limitations on the political
and religious freedoms  of  the  Sudanese  people  despite  promises  of
improvement and pledges to end the 20-year civil war between the govern-
ment and the Sudan People's Liberation Movement/Army;
  d.  The  government of Sudan violates the rules of war by deliberately
attacking civilians and, since 1983, the war and famine-related  effects
have  led  to  more than two million deaths and over four million people
displaced;
  e. The government of Sudan continues to engage  in  arbitrary  arrest,
prolonged  detention,  extra-judicial  killings, torture and rape of the
Sudanese people and apostasy from Islam is punishable by death;

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06048-01-3
              

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