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NY A00207
Bill
Status
Introduced
1/8/2025
Primary Sponsor
Samuel Pirozzolo
Click for details
AI Summary
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Prohibits the New York State Comptroller from using environmental, social, and governance (ESG) criteria when selecting investments for the state pension fund
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Amends Section 177 of the Retirement and Social Security Law by adding a new subdivision explicitly banning ESG screening methods
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Applies to the selection of both companies and investment funds for the pension fund portfolio
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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