Loading chat...

NY A00207

Bill

Status

Introduced

1/8/2025

Primary Sponsor

Samuel Pirozzolo

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Prohibits the New York State Comptroller from using environmental, social, and governance (ESG) criteria when selecting investments for the state pension fund

  • Amends Section 177 of the Retirement and Social Security Law by adding a new subdivision explicitly banning ESG screening methods

  • Applies to the selection of both companies and investment funds for the pension fund portfolio

  • Takes effect immediately upon enactment

Legislative Description

Prohibits the comptroller from using environment, social, and governance criteria as a screening method for selecting companies and funds to invest the state pension fund in.

Last Action

referred to governmental employees

1/7/2026

Committee Referrals

Governmental Employees1/8/2025

Full Bill Text

No bill text available