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MS SB2226
Bill
AI Summary
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Removes the July 1, 2024 repeal date of the Israel Support Act of 2019, making the law permanent instead of expiring.
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Makes technical corrections to section numbering in the Israel Support Act of 2019 by renumbering provisions from lettered to numbered subsections.
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Increases the cap on state investments in bonds issued, assumed or guaranteed by Israel from $20 million to $50 million.
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Maintains existing provisions prohibiting the Public Employees' Retirement System and State Treasurer from investing in companies engaged in boycotts of Israel, with narrow exceptions.
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Provides indemnification from the State General Fund for board members, officers, employees and agents involved in implementing Israel-related investment restrictions.
Legislative Description
Israel Support Act of 2019; extend repealer on.
Last Action
Approved by Governor
4/22/2024