Loading chat...

MS SB2226

Bill

Status

Passed

4/22/2024

Primary Sponsor

Josh Harkins

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Removes the July 1, 2024 repeal date of the Israel Support Act of 2019, making the law permanent instead of expiring.

  • Makes technical corrections to section numbering in the Israel Support Act of 2019 by renumbering provisions from lettered to numbered subsections.

  • Increases the cap on state investments in bonds issued, assumed or guaranteed by Israel from $20 million to $50 million.

  • Maintains existing provisions prohibiting the Public Employees' Retirement System and State Treasurer from investing in companies engaged in boycotts of Israel, with narrow exceptions.

  • 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

Committee Referrals

Banking and Financial Services3/18/2024
Finance2/2/2024

Full Bill Text

No bill text available