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NJ A6001
Bill
Status
11/17/2025
Primary Sponsor
Annette Quijano
Click for details
AI Summary
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Prohibits New Jersey pension and annuity funds from investing in companies that collect, manipulate, or use personal data or conduct warrantless surveillance to determine individuals' citizenship or immigration status under government contracts
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Requires the State Investment Council and Director of the Division of Investment to contract with an independent data privacy research firm and consult with the State Chief Technology Officer to identify companies engaged in prohibited activities
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Mandates divestment from identified companies by January 1 of the second year following enactment, while allowing flexibility to avoid premature or imprudent sales
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Requires initial reporting within 120 days and annual reports to the Governor and Legislature on February 1 detailing divestment progress, completed actions, and remaining prohibited investments
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Provides legal indemnification for State Investment Council members and state employees against claims arising from investment decisions made under this act
Legislative Description
Prohibits investment by State of pension and annuity funds in companies engaging in government contracts or business operations infringing on data privacy of individuals for purpose of determining immigration status.
State and Local Government
Last Action
Introduced, Referred to Assembly State and Local Government Committee
11/17/2025