Repeal Divest from Companies with Israel Prohibitions Law

In 2016, the general assembly enacted HB 16-1284, which requires the public employees' retirement association (PERA) to periodically identify all companies that have economic prohibitions against Israel and to divest all direct holdings of those companies from its assets and prohibits PERA from acquiring new direct holdings in any of those companies. The bill repeals the statutory provisions enacted in HB 16-1284.(Note: This summary applies to this bill as introduced.)